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Kamogelo's Customers Have Been a Little Slow in Paying Their

Question 21

Multiple Choice

Kamogelo's customers have been a little slow in paying their invoices, and he is short on cash to pay his quarterly taxes.Kamogelo should consider:


A) sending the late payers to a collection agency.
B) factoring.
C) putting his late payers on credit hold until they pay up.
D) taking out a personal loan to pay the taxes.

Correct Answer:

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