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Natali [406]
3 years ago
7

How does financing from a bank or credit union differ from financing from a dealership?

Business
1 answer:
saveliy_v [14]3 years ago
5 0

Answer:

With dealer-arranged financing, the dealer collects information from you and forwards that information to one or more prospective auto lenders. Alternatively, with bank or other lender financing, you go directly to a bank, credit union, or other lender, and apply for a loan.

Explanation:

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Sources of fund and described​
Annette [7]
The main sources of funding are retained earnings, debt capital, and equity capital. Companies use retained earnings from business operations to expand or distribute dividends to their shareholders. Businesses raise funds by borrowing debt privately from a bank or by going public (issuing debt securities).
5 0
3 years ago
The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during which stage in the
Romashka [77]

Answer:

Closing (the Sale).

Explanation:

The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during closing stage in the personnel selling process. Personal selling process starts with prospecting, pre-approach, approach and then presentation, followed by handling objectives and then closing process. In closing process, salesperson actually want the costumer to purchase the product, therefore, he or she tries to close the process as soon as possible by taking purchasing intention from the customer. This is the most important step in the whole process because this steps yields actual sales where all other steps help this step.

7 0
4 years ago
Marigold Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 4000
ycow [4]

Answer: $‭47,989,000‬

Explanation:

Total Paid-in capital = Preferred stock + Paid-in capital in excess of par value - preferred stock + Common stock +  Paid-in capital in excess of par value - common stock

= 420,000 + 69,000 + 20,000,000 + 27,500,000

= $‭47,989,000‬

8 0
3 years ago
Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for O
suter [353]

Answer:

Materials        187,230‬

Conversion   182,200

Explanation:

FIFO method, from the started units we will add the reamining work onthe beginning WIP invnetory and subtract the undone part of the ending WIP inventory

Materials

Started units                               176,000

October   1st  27,000 x (1 - 57%) = 11,610‬

October 31th 20,000 x    (1-81%) =  (380)

                  Equivalent Units     187,230‬

Conversion

Started units                                  176,000

October   1st  27,000 x (1 - 33%) =  18,000

October 31th 20,000 x    (1-41%) = (11,800)

                  Equivalent Units       182,200

5 0
3 years ago
Explain why it is important for
Kazeer [188]

Explanation:

Cause they are expert in that kind of task will make thing look faster and easy to deal with while having any problems that arise on the long run of the business, experts will have a ways of making solutions to that cause they have deal with series of serious issues relating to that

5 0
3 years ago
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