Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why do companies sell receivables?

why do companies sell receivables?

90.2K

Verified Solution

Question

Accounting

why do companies sell receivables?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

During countercurrent multiplication, water is reabsorbed into the blood from the descending limb of the loop...

Medical Sciences
Q

Q1 ) i) A project of room temperature measurement system is given to you; in which you...

Physics
Q

Given that Xerox developed the concept of competitive benchmarking in the early 1980s and it is...

General Management
Q

xample 2 Figure shows a long straight wire carrying current I and a square conducting...

Physics
Q

2. ...

Accounting
Q

Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, and...

Accounting
Q

Beta Company produces mirrors. During the year, 230,000 mirrors were produced. Materials and labor standards...

Accounting
Q

What is the default filter that is automatically applied when reconciling an account in the...

Accounting
Q

Lower of cost or market Herman Company has three products in its ending...

Accounting
Q

On Aug 1, you borrow $200,000 in a 5 year loan with 6% per annum...

Accounting
Q

7-7 Preferred stock valuation Jones Design wishes to estimate the value of its outstanding preferred...

Finance
Q

Kellys Bakery is considering opening a new location. They estimate initial cost for the project...

Finance