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How does accounts receivable factoring work? What are the benefits to the two parties involved? What are the risks?
Factoring is when one firm trade accounts receivable (AR) to another. The purchasing firm is called as a factor. The factor makes a profit by buying the AR at a discount. Its risk is that few of the AR may default. The selling firm obtains the cash it needs.
Q. Explain the three kind’s non-financial incentives? Non-Financial incentives: Incentives which cannot be offered in terms of money are known as non-¬financial incentives. Ind
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explain for factors influencing design for dividend policies
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answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
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