Question
Tri-Supply prefers to handle its accounts receivable itself, but it also needs to use them to facilitate short-term borrowing. What can Tri-Supply do? Use floor
Tri-Supply prefers to handle its accounts receivable itself, but it also needs to use them to facilitate short-term borrowing. What can Tri-Supply do?
Use floor planning
Purge its accounts receivable
Pledge them as collateral Force all customers to pay now
Sell commercial paper
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Contemporary Management
Authors: Gareth Jones, Jennifer George
9th Edition
0077718372, 978-0077718374
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