Question: 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

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?

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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 full answer

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