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Which of the following are appropriate reasons to use projections? 1. To determine the required loan amount 2. When the company is seasonal 3. When
Which of the following are appropriate reasons to use projections? 1. To determine the required loan amount 2. When the company is seasonal 3. When the financing is long-term 4. To provide a basis for establishing financial covenants 1, 2, 3 and 4 1, 2 and 3 2, 3 and 4 3 and 4
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