Question: Factoring is a form of short-term financing which involves Select one: O A. using a percentage of current assets as collateral for a short-term loan.
Factoring is a form of short-term financing which involves Select one: O A. using a percentage of current assets as collateral for a short-term loan. O B. selling inventory to a factor with an agreement to repurchase it at a set time in the future. OC. pledging accounts receivable as collateral for a short-term loan. OD. actually selling accounts receivable to a financial institution at a discount from face value
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