Business, 12.08.2020 06:01 hieth

Kliting Co. has a lot of outstanding accounts receivable but customers are slow to pay, and it doesn't have sufficient cash to pay its suppliers and employees at the end of the month. Instead of borrowing money, Kliting decides to sell its accounts receivable. This form of financing is known as: Group of answer choices

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Kliting Co. has a lot of outstanding accounts receivable but customers are slow to pay, and it doesn...

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