Ask Question
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