dkoos1901 dkoos1901

26-02-2018
Business

contestada

A transaction in which a company sells its receivables and immediately receives cash for operating and other needs is called _____

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MrsTriplet MrsTriplet

07-03-2018

When a company sells its receivables and immediately receives cash for operating expenses and other needs it is called factoring. When they sell these receivables they are selling them to a third party to collect payments on their behalf.

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