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    Essentials of Entrepreneurship Study Set 2
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    Exam 13: Sources of Financing: Debt and Equity
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    The Most Common Form of Secured Credit Is Accounts Receivable
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The Most Common Form of Secured Credit Is Accounts Receivable

Question 89

Question 89

True/False

The most common form of secured credit is accounts receivable financing in which businesses can usually borrow an amount equal to 55-80 percent of its receivables.

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