ECO - The General Manager (GM) of a car dealership
Question # 00014933
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Updated on: 05/09/2014 11:25 PM Due on: 05/10/2014
The General Manager (GM) of a car dealership is working on a three year business plan. The GM expects inflation to rise over the next three years.
• How will higher inflation affect the number of vehicles the dealership can sell?
• Based on the GM’s inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?
• How will higher inflation affect the number of vehicles the dealership can sell?
• Based on the GM’s inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?
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Solution: ECO - The General Manager (GM) of a car dealership