An advantage of factoring is that:

A. factors help firms sell newly issued stock.
B. factors deal with asset-backed commercial paper.
C. firms using factors always receive the full amount their customers owe.
D. firms using factors get their money almost immediately.


Answer: D

Business

You might also like to view...

Which equation is the correct equation for determining the initial sample size?

A) B) C) D)

Business

Earnings per share, often called net income per share, is the net income earned on each share of common stock

Indicate whether the statement is true or false

Business

Which of the following is considered a strength of the situational approach?

A. its extensive use in leadership training and development B. its strong theoretical underpinnings C. its detailed conceptualizations of developmental levels D. its applicability to large groups of followers

Business

Messages such as advertising, websites, speeches, or social media posts are enough on their own to win public support for an organization or idea

Indicate whether the statement is true or false

Business