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In payable if the discount cost is greater than the factor than is it net cost or benefit am confused same with receivable….can u explain
I don’t know what you mean because we only ever use factoring on receivables – not on payables.
Have you watched my free lectures on this?
Sorry I meant finance cost in payable …not using the annual cost % formula…..
Yes I have watched the lecture ….but am talking about the long way where we have to find the trade payable after discount is offer n all …in ur lecture for it I have just showed the formula way..
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