Factors typically discount ________ percent of the face value of a company's accounts receivable.

Question

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Factors typically discount around 5-40 percent of the face value of a company's accounts receivable depending on the creditworthiness of the customers and the industry risks involved. Factors charge a fee for their service, which is typically a percentage of the total invoice amount. The discount and fee together represent the factor's earnings from the transaction.

Factors Typically Discount ________ Percent of the Face Value of a Company's