Question: Aly x needs additional short - term financing to modity her children's clothing business. To generate funds, she sells her accounts receivable to an external
Aly needs additional shortterm financing to
modity her children's clothing business. To generate
funds, she sells her accounts receivable to an
external party for slightly less than their book value.
What type of fin ancing resource is Alyx using?
commercial lending
Peertopeerlending
Factoring
Trade credit
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