Question: Identify false statements about why secured borrowing is less preferred than sale of receivables. (Copyright Obeua Persons. All rights reserved.) 1. Secured borrowing results in

Identify "false" statements about why secured borrowing is less preferred than sale of receivables. (Copyright Obeua Persons. All rights reserved.) 1. Secured borrowing results in higher cash flows from operating activities than sale of receivables. 2. Secured borrowing results in higher liabilities and lower solvency than sale of receivables. 3. Secured borrowing results in higher interest expense than sale of receivables. 4. Secured borrowing results in lower return on assets than sale of receivables. 5. Secured borrowing results in lower bad debt expense than sale of receivables. (Copyright Obeua Persons. All rights reserved.) Group of answer choices 2 & 3 1 & 4 1 & 5. 2, 3 & 4

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