sblock3611 sblock3611

14-07-2018
Business

contestada

A disadvantage of factoring is that the company selling its receivables immediately receives cash.
a. True
b. False

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MrsTriplet MrsTriplet

23-07-2018

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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