A. ll and lll

B. l, ll, and lll

C. ll only

D. l, ll, and lV

E. l and ll

Olivia, who has been sewing since a young age, decided that she would like to open a business called Gowns and Smles, to make and sell prom and other formal dresses. While starting up, she would like to be the only owner of the business Further, she does not want to go through a rigorous formation process, pay any fees or worry about making annual business filings for Gowns and Smiles, Assume that Olivia opens Gowns and Smiles as a sole proprietorship. The business grows extraordinarily in the first year and she would like to open a storefront. To do so, she needs more capital. Which of the following capitalization methods would Olivia be able to use? Take out a commercial loan. IL Take out a private loon IL Create an equity security offering 1. Open a commercial line of credit