Which one of the following is an advantage of the factoring of debtor accounts? Select one: a. The income of debtor administration is transferred to the factor. b. The turnover of non-current assets is increased. c. Liquidity ratios improve. d. More credit is available for other purposes.
Which one of the following is an advantage of the factoring of debtor accounts? Select one: a. The income of debtor administration is transferred to the factor. b. The turnover of non-current assets is increased. c. Liquidity ratios improve. d. More credit is available for other purposes.
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 13MC: Which of the following would be included in the financing section? A. loss on sale of investments B....
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Which one of the following is an advantage of the factoring of debtor accounts?
Select one:
a.
The income of debtor administration is transferred to the factor.
b.
The turnover of non-current assets is increased.
c.
Liquidity ratios improve.
d.
More credit is available for other purposes.
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