When seeking a Bridge Loan, the borrower
A) owns one piece of property and wishes to purchase another.
B) borrows only the down payment on a second piece of property.
C) borrows the down payment and closing costs on a second piece of property.
D) A and B above.
E) A and C above.
E
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Why could many large-block owners be beneficial to a company?
a. The large-block owners will not be able to collaborate and organize as well as many small owners. b. The company's top managers will know exactly who their owners are and can persuade the owners' interests to align with their personal interests. c. The company will be able to act much more quickly due to less time needed to vote. d. Large-block owners will be able to easily collaborate on current issues and drive change in an organization, more so than many small share owners.
Smith & Sons reported the following data:
Cash flow from operations $80,000 Annual capital expenditures 25,000 Average current liabilities 60,000 Calculate the company's free cash flow. A. $80,000 B. $55,000 C. $20,000 D. $45,000