2023 The General Manager GM of a car dealership is working on a three year business plan The GM expects inflation | Assignments Online
2023 The General Manager GM of a car dealership is working on a three year business plan The GM expects inflation | Assignments Online
Assignments Online 2023 Business Finance
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?
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