Which of the following is NOT a reason why a company may choose to pledge accounts receivable?
A)A lower interest rate.
B)The borrowing capacity fluctuates with A/R.
C)It provides another source of financing for companies with lower credit ratings.
D)All of these are reasons for pledging accounts receivable.

Question

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The Answer of Which of the following is NOT a reason why a company may choose to pledge accounts receivable?
A)A lower interest rate.
B)The borrowing capacity fluctuates with A/R.
C)It provides another source of financing for companies with lower credit ratings.
D)All of these are reasons for pledging accounts receivable.

Which of the Following Is NOT a Reason Why a Company