Solution-Explain selling accounts receivables to a factor

Explain selling accounts receivables to a factor

Reference no: EM13511716

Indicate whether each of the following actions is related to

(a) Managing cash needs,
(b) Setting credit policies,
(c) Financing receivables, or
(d) Ethically reporting receivables:

1. Selling accounts receivables to a factor
2. Borrowing funds for short-term needs during slow periods
3. Conducting thorough checks of new customers' ability to pay
4. Making every effort to reflect possible future losses accurately

Reference no: EM13511716

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Explain selling accounts receivables to a factor

Reference no: EM13511716

Reference no: EM13511716

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