Marketing MCQ
Marketing Chapter 18
When a company must sell its accounts receivables in order to acquire capital because its customers are taking too long to pay their bills, it is called ______.
When a company must sell its accounts receivables in order to acquire capital because its customers are taking too long to pay their bills, it is called ______.
When a company must sell its accounts receivables in order to acquire capital because its customers are taking too long to pay their bills, it is called ______.
A. factoring
B. equity financing
C. prospectus
D. capital budgeting
E. debt financing
Answer: A. factoring
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