A de la mare company has 140000 in accounts receivable that
(A) De la Mare Company has $140,000 in accounts receivable that will be collected within 75 days. Since de la Mare needs cash immediately, it has decided to factor them and has received $130,000.
Find the cost of this loan for de la Mare.
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a de la mare company has 140000 in accounts receivable that will be collected within 75 days since de la mare needs
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