Question
HELP ME QUICKLY FOR THUMPS UP Common loan restrictions include which of the following? Restrictions on sale of fixed assets Requirement to maintain certain performance
HELP ME QUICKLY FOR THUMPS UP
Common loan restrictions include which of the following?
Restrictions on sale of fixed assets | ||
Requirement to maintain certain performance standards (financial ratios) | ||
Requirement to remain current on insurance and tax payments | ||
Requirement to update the lender on key executive vacation plans | ||
All of the above except D
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A potential investor is seeking to invest $1,000,000 in a venture, which currently has 1,000,000 million shares held by its founders, and is targeting a 40% return five years from now. The venture is expected to produce half a million dollars in income per year at year 5. It is known that a similar venture recently produced $1,000,000 in income and sold shares to the public for $20,000,000. What is the percent ownership of our venture that must be sold in order to provide the venture investors target return?
26.89%
53.78%
75.94%
85.00%
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