Other

Question

The profit that a factor earns is the difference between

1 pol

the amount the factor has paid for the accounts receivables and the interest paid by

С

the borrower

the value of the accounts receivables and the interest paid by the borrower

• the maturity value and the amount the factor has paid for them

the interest earned on the loan and the amount of the accounts receivables sold

Back

Submit

Clear f

This form was created inside of Windsor Charter Academy. Report Abuse

Answer

The profit that a factor earns is the difference between the amount the factor has paid for the accounts receivables and the interest paid by the borrower.

Download to view full explanation

Sure! When a factor purchases accounts receivables from a borrower, they pay a discounted price for those receivables. The borrower then pays...