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Author Question: A disadvantage of factoring is that the company selling its receivables immediately receives cash. ... (Read 231 times)

Alainaaa8

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on: Jul 5, 2018
A disadvantage of factoring is that the company selling its receivables immediately receives cash.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which financial statement shows Interest payable?
 
  A) income statement
  B) statement of changes in shareholders' equity
  C) statement of cash flows
  D) balance sheet


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JCABRERA33

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

D


Alainaaa8

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

patma1981

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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