The buyer who pays cash for accounts receivable is called:
A) Pledgor.
B) Pledgee.
C) Payee.
D) Factor.
E) Payor.
Correct Answer:
Verified
Q82: The days' sales uncollected ratio is used
Q83: Quality of receivables refers to:
A)The creditworthiness of
Q84: Accounts receivable turnover is calculated by:
A)Dividing net
Q85: Z-Mart had net sales of $31,500 and
Q86: A contingent liability:
A)Is an obligation to make
Q88: Pledging receivables:
A)Allow firms to raise cash and
Q89: The days' sales uncollected ratio:
A)Is used to
Q90: TechCom has net sales of $435,000 and
Q91: The days' sales uncollected ratio:
A)Is calculated by
Q92: Dell had net sales of $8,739 million
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