Question: solve this Alyx needs additional short-term financing to modify her children's clothing business. To generate funds, she sells her accounts receivable to an external party

solve this

Alyx needs additional short-term financing to modify 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 financing resource is Alyx using? ) Factoring O Trade credit ) Peer-to-peer lending ) Commercial lending

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