The second paragraph under accounts receivable in Note 1 explain that CAE is involved in a program
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Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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The maximum amount CAE can receive under the program of selling their accounts rec...View the full answer
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