Correct answer: (D) Retained Earnings
Correct answer: (B) Increasing Collection
Correct answer: (C) Minimization of total cost
Correct answer: (B) Debtors and Days Outstanding
Correct answer: (C) Factor provides cost free finance to seller
Correct answer: (D) Increase in Average Collection Period
Correct answer: (C) Ageing schedule
Correct answer: (A) Sold at a discount because the stated rate of interest was lower than the effective rate.
Correct answer: (A) Six months.
Correct answer: (D) Decrease Increase
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