The reality check 'Macquarie Leasing forays into Australian motor vehicle floor-plan finance market' on page 541 comments on Macquarie Leasing's expansion into the provision of floor-plan finance for motor vehicle dealers. Read the article and answer the questions that follow.
a. Outline what services would be provided to the client as part of a 'floor-plan financing arrangement'.
b. Macquarie Leasing is a leading provider of motor vehicle finance in Australia. Describe in detail two of the products and services it offers and how these services would benefit the client.
c. Macquarie Group is a leading provider of banking, financial, advisory, investment and funds management services. Locate its annual report on its website, www.macquarie.com.au, and comment on Macquarie Group's profitability and liquidity in the last two years.