Madison Company has assets valued at about $50 million and generates sales of about $100 million per year. Some of its growth is attributed to its acquisitions of other firms. Because of its expectations of a strong U.S. economy, Madison plans to grow in the future by expanding its business and through acquisitions. It expects that it will need substantial long-term financing, and plans to borrow additional funds either through loans or by issuing bonds. It is also considering the issuance of stock to raise funds in the next year. Madison closely monitors conditions in financial markets that could affect its cash inflows and cash outflows and therefore affect its value. a. In what way is Madison a surplus unit? b. In what way is Madison a deficit unit? c. How might finance companies facilitate Madison's expansion? d. How might commercial banks facilitate Madison's expansion? e. Why might Madison have limited access to additional debt financing during its growth phase? f. How might investment banks facilitate Madison's expansion? g. How might Madison use the primary market to facilitate its expansion? h. How might it use the secondary market? 1. The loans that Madison has obtained from commercial banks stipulate that Madison must receive the banks' approval before pursuing any large projects. What is the purpose of this condition? Does this condition benefit the owners of the company?