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MNCs Can Use _________ to Sell Their Existing Accounts Receivable

question 48

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MNCs can use _________ to sell their existing accounts receivable as a means of obtaining cash.


Definitions:

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods or services.

Market Rate

The prevailing price determined by supply and demand in the open market for services or commodities.

Interest

The payments made for the use of money.

Interest Rate

The interest rate is the amount charged by a lender to a borrower for the use of assets expressed as a percentage of the principal, often noted annually.

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