Hl, Mohamed Abdulmunen Credit Essentials 2 Your score and objectives for review (Course Exam) or wudy message with remediation(Diognostic Assesoment) will ppear afher completion. The assesme be completed in one sitting You should set oude 2 minutes per question to give punker pletine to completed" aiem!" berntobeborom to e ossessment to find the company statements 1. When reviewing a Form 4562, what information will a lender learn about the business OA The amount of any capital gains tax payments OB The amount of proceeds received from used equipmenn soles 0 ? The amount of proceeds from securen sales OD. The amount of ny foed onset purchases 2 Which of the following would be the primory objective of a negative covenant in a loan ogreementh OA To enable early detection of financial deterioration B. ?0 "stabl h means of co nuncation with a borrower OC To preserve cash flows for debt repoyment OD. To provide assurance thot a loan will be repoid. Ponies is a local florist with several locations in the county You met the owner recently and she hon osked to speak to you dhout apotential loon 3. Rose's Which of the following would be the most tupical tpe of loan this company would require OA. A term loan to acquire capital assets O B. A revolving credt to fund long term sales growth O C A mortgage loan to acqaire one ol the store locotiom O D. A seasonal Iine to fund inventory buildup Which of the following actions is mout lkely to negatively impact an individual's credit score OA. Paying off the bolance on a revoliving card instead of making monthly peyments O B. Underutilaation of a home equity line of credi OC Closing out a well-essablished credt card account wih good payment history OD. Applying for a new outo loan every five yeans lnestmating cash flow, which ofthe following step. are tdene O A Add cpital gains and deduct capital losses ?B. Deduct depreouton and oorteon on. O C. Add dstributions from partnerships O D. Add income from S eorporations. hat can be uned by businesses or their owners f the Ta. law provides kr?ven.ty of Hl, Mohamed Abdulmunen Credit Essentials 2 Your score and objectives for review (Course Exam) or wudy message with remediation(Diognostic Assesoment) will ppear afher completion. The assesme be completed in one sitting You should set oude 2 minutes per question to give punker pletine to completed" aiem!" berntobeborom to e ossessment to find the company statements 1. When reviewing a Form 4562, what information will a lender learn about the business OA The amount of any capital gains tax payments OB The amount of proceeds received from used equipmenn soles 0 ? The amount of proceeds from securen sales OD. The amount of ny foed onset purchases 2 Which of the following would be the primory objective of a negative covenant in a loan ogreementh OA To enable early detection of financial deterioration B. ?0 "stabl h means of co nuncation with a borrower OC To preserve cash flows for debt repoyment OD. To provide assurance thot a loan will be repoid. Ponies is a local florist with several locations in the county You met the owner recently and she hon osked to speak to you dhout apotential loon 3. Rose's Which of the following would be the most tupical tpe of loan this company would require OA. A term loan to acquire capital assets O B. A revolving credt to fund long term sales growth O C A mortgage loan to acqaire one ol the store locotiom O D. A seasonal Iine to fund inventory buildup Which of the following actions is mout lkely to negatively impact an individual's credit score OA. Paying off the bolance on a revoliving card instead of making monthly peyments O B. Underutilaation of a home equity line of credi OC Closing out a well-essablished credt card account wih good payment history OD. Applying for a new outo loan every five yeans lnestmating cash flow, which ofthe following step. are tdene O A Add cpital gains and deduct capital losses ?B. Deduct depreouton and oorteon on. O C. Add dstributions from partnerships O D. Add income from S eorporations. hat can be uned by businesses or their owners f the Ta. law provides kr?ven.ty of
