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pompa pompa
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7 years ago
In pledging accounts receivable, the percentage advanced against the adjusted collateral is determined by the borrower based on its overall evaluation on the quality of the acceptable receivables and the expected cost of the liquidation.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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pompa Author
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7 years ago
Brilliant
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Smart ... Thanks!
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