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Author Question: The primary advantage that pledging accounts receivable provides is A) that the financial ... (Read 129 times)

vinney12

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The primary advantage that pledging accounts receivable provides is
 
  A) that the financial institution services the accounts.
  B) the low cost as compared with other sources of short-term financing.
  C) that the financial institution bears the risk of collection.
  D) the flexibility it gives to the borrower.

Question 2

For many industries, accounts receivable comprise as much as 25 percent of total assets.
 
  Indicate whether the statement is true or false


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momo1250

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vinney12

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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