When it comes to financing accounts receivable:

Select one: a. 100% of the amount needs to be financed. b. Only long term debt should be used to fund the portion that needs to be financed. c. Need to be 100% financed by accounts payable. d. Only the portion of A/R equal to the cost of goods sold on credit needs to be financed. e. Only the portion of A/R above the cost of goods sold on credit needs to be financed.