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Which of the following is a reason why a company might sell its receivables?...

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Question

Accounting

Which of the following is a reason why a company might sell its receivables?
Question 5 options:
A)
The company has sufficient expertise in collections.
B)
The company needs cash and borrowing costs are high.
C)
The company wants to lengthen the cash-to-cash operating cycle.
D)
The company has excess cash on hand.

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