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Business, 08.04.2021 19:50 vontie

Companies sometimes convert receivables to cash before they are due by selling them or using them as security for a loan. The reasons that a company may convert receivables before their due date include: (Check all that apply.) Multiple select question. to quickly generate cash. to reduce risk of nonpayment. to quickly increase profit. to satisfy customer's needs.

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Companies sometimes convert receivables to cash before they are due by selling them or using them as...
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