Ignoring Defaults, What Is the Approximate Effective Cost of Factoring

question 8

Multiple Choice

Ignoring defaults, what is the approximate effective cost of factoring if receivables are sold at a 4% discount and the average collection period is 2 months?

• A) 19.40%
• B) 24.00%
• C) 26.53%
• D)27.75%

Understand the bodily responses to reduced nicotine in cigarettes.

Comprehend the role of reinforcement in smoking continuation.

Evaluate the impact of peer and social pressure on adolescent smoking habits.

Identify the common reasons behind smoking initiation and maintenance.