Auto dealers have a lot of different insurance policies that they need to have in place in order to operate legally. This includes surety bonds. What do these bonds do? How do they work? And why are they needed? There are many things that go into purchasing a bond as an automotive dealer, but the…
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Revenue: Reported $80.5 billion, a 15% increase year-over-year, surpassing the estimated $78.59 billion.Net Income: Achieved $23.66 billion, significantly exceeding the estimated $19.1 billion.Earnings Per Share (EPS): Delivered $1.89, comfortably above the estimated $1.51.Operating Margin: Expanded to 32%, up from 25% in the previous year, indicating improved operational efficiency.Dividend Program: Initiated with a declared quarterly cash…