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A company enters into an agreement with a firm who will factor the company's accounts receivable. The
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Fees and interest are not deducted in advance. Assuming a 360-day year, what is the annual cost of
financing?
A. 12.0 percent.
B. 14.0 percent.
C. 17.5 percent.
D. 16.0 percent.
Answer: C
Explanation:
Choice "d" is correct. 17.5% annual cost of financing.
NEW QUESTION: 2
What all are the factors involved in Engagement of Implementation?
there are 2 correct answers to this question.
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C. Middle Men
D. Partner organization
Answer: B,D
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SSL Network Extender (SNX) is a thin SSL VPN on-demand client that is installed on the remote user's
machine via the web browser. What are the two modes of SNX?
A. Network and Application
B. Virtual Adapter and Mobile App
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D. Network and Layers
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