Describe how a firm with expanding revenues can resolve the problem of accounts receivable growing faster than its revenue growth, causing cash flow constraints:

 

b) What is a factor company? 

 

c) What are the effects of with-recourse and notification conditions being incorporated in a factoring contract?

Answer rating: 100% (QA)

a A firm with expanding revenues facing the problem of accounts receivable growing faster than its revenue growth can implement several strategies to resolve the issue and alleviate cash flow constrai... View the full answer