Understanding Business
Understanding Business
13th Edition
ISBN: 9781264249527
Author: Nickels, William G.
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 18.4, Problem 12TP
Summary Introduction

To discuss: The mesaing of factoring.

Introduction: Factoring refers to a process in which company sells its account receivable to third party at discount in order to increase capital.

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