6-41 Which of the following is NOT true?
A) The fastest growing area of finance companies in recent years has been in the area of leasing and business loans.
B) Business loans represent the largest portion of the loan portfolio of finance companies.
C) Finance companies rely on short-term commercial paper and customer deposits to finance their assets.
D) Finance companies rely on short-term commercial paper and long-term debt to finance their assets.
E) Finance companies are now the largest issuers of commercial paper in the U.S.
Correct Answer:
Verified
Q37: 6-29 As an industry,finance companies have escaped
Q38: 6-37 A company that specializes in making
Q39: 6-38 This type of finance company competes
Q40: 6-31 The typical customer of a payday
Q41: 6-52 A finance company may be classified
Q43: 6-51 As of 2009,which of the following
Q44: 6-62 Compared to commercial banks,finance companies usually
Q45: 6-44 Finance companies often prefer to lease
Q46: 6-54 Home equity loans have
A)become less profitable
Q47: 6-61 Which of the following observations concerning
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