The reasons why a company may choose to pledge accounts receivable are all of the following except:
A) lower interest rate
B) borrowing capacity fluctuates with A/R
C) provides another source of financing for companies with lower credit ratings
D) all of these are reasons for pledging accounts receivable

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The Answer of The reasons why a company may choose to pledge accounts receivable are all of the following except:
A) lower interest rate
B) borrowing capacity fluctuates with A/R
C) provides another source of financing for companies with lower credit ratings
D) all of these are reasons for pledging accounts receivable

The Reasons Why a Company May Choose to Pledge Accounts