subject
Business, 14.07.2019 20:00 aliciabenitez

Calvin, a college student, wants to purchase an automobile on credit from irontilt motors. he does not have sufficient income or the credit history to justify the extension of credit to him alone. calvin asks his father to cosign a note to irontilt motors, which his father agrees to. what role does calvin's father fulfill here so that calvin can buy the car?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:40
ā€¢broussard skateboardā€™s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussardā€™s additional funds needed for the coming year
Answers: 2
question
Business, 22.06.2019 11:10
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
question
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
question
Business, 22.06.2019 18:00
Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?
Answers: 2
You know the right answer?
Calvin, a college student, wants to purchase an automobile on credit from irontilt motors. he does n...
Questions
question
English, 21.06.2020 21:57
question
Mathematics, 21.06.2020 21:57
question
Chemistry, 21.06.2020 21:57
question
Mathematics, 21.06.2020 21:57
Questions on the website: 13722363