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Which one of the following is not a reason that a company may sell it receivables? The amount due from customers is relatively large
Which one of the following is not a reason that a company may sell it receivables? The amount due from customers is relatively large compared to other assets owned by a company. Selling receivables is a reasonable source of cash, often less costly than loans. A company determines it will be unable to collect all amounts due from customers. Billing and collecting amounts due from customers is time-consuming and costly.
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