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


Learn More :