Ask Question
BusinessBusiness
18 December, 07:12

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

a. True

b. False

+5
Answers (1)
  1. 18 December, 07:35
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A disadvantage of factoring is that the company selling its receivables immediately receives cash. a. True b. False ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The flexible response policy increased the military budget. how do you think this affected the nuclear arms race?
Answers (1)
One of the unexpected drawbacks of starting your own business is
Answers (1)
4. What does "load" refer to in terms of mutual funds? A The percentage of the mutual fund that is considered to be low-risk B. The percentage of the mutual fund that is considered to be high-risk. C.
Answers (1)
What benefit does the PPO provide? Select all that apply. covers out of network doctors and specialists freedom to see more doctors requires referrals provides primary care physician only covers in network providers
Answers (1)
A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values (i. e.
Answers (1)
New Questions in Business
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.
Answers (1)
Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.
Answers (1)
Home » Business » A disadvantage of factoring is that the company selling its receivables immediately receives cash. a. True b. False
Sign Up Forgot Password?