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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Find the domain of the function f x 0 1 3 O 1 1 3...

Calculus
1.2K views

ASK YOUR TEACHER Find the reference angle 8 for the special angle 8 5 4...

Algebra
1.2K views

The unit circle has a radius of and a center at

Algebra
1.2K views

21 Higher Order Thinking The school library has 2 469 books Two thirds of the...

Algebra
1.2K views

ine k passes through the points 3 5 2 Is line k parallel to line...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.) Morning Sky,...

Accounting
1.2K views

Imperial Jewelers is considering a special order for 23 handcrafted gold bracelets to be given...

Accounting
1.2K views

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31...

Accounting
1.2K views

Current Attempt in Progress Blossom Company has a unit selling price of $ 500, unit...

Accounting
1.2K views

Kenmore Fabrication estimated that direct labor cost for the year would be $642,400. The company...

Finance
1.2K views

AA Corporation's stock has a beta of 1.3. The risk-free rate is 6%, and the...

Accounting
1.2K views

Bramble Ltd. has provided you with the following selected information from 2020 and 2021: ...