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27 May, 08:24

A disadvantage of factoring is that the company selling its receivables immediately receives cash.

a. True

b. False

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Answers (1)
  1. 27 May, 11:31
    0
    A disadvantage of factoring is that the company selling its receivables immediately receives cash. False. An advantage of factoring is that a company can receive immedate cash. When you factor, a third party will buy the business from a firm and the firm will get fash cash, this allows for the firm to pay of accured debt.
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