1) Please define Factoring for me, is this something we should consider?

2) What other considerations should we make beyond the cost of Factoring our receivables?

3) If we have a good working relationship with customers, should we be flexible on our policies? Why/why not?

4) If last years accounts receivable balance was $15,000, and our current net credit sales are projecting to be $35,000. what is our Accounts Receivable Turnover Ratio?

5) Can you please analyze our Accounts Receivable Turnover Ratio compared to standard benchmarks?

Answer rating: 100% (QA)

EXPERT ANSWER Factoring receivables factoring or debtor financing is when a company buys a debt or invoice from another company Factoring is also seen as a form of invoice discounting in many markets ... View the full answer