Jcpenney company accepts both its own credit cards and, Accounting Basics

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Jcpenney company accepts both its own credit cards and

Question: 1. JCPenney Company accepts both its own credit cards and national credit cards. What are the advantages of accepting both types of cards?

2. An article in the Wall Street Journal indicated that companies are selling their receivables at a record rate. Why do companies sell their receivables?

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Accounting Basics: Jcpenney company accepts both its own credit cards and

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Accounting Basics: Jcpenney company accepts both its own credit cards and

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