Choose the correct answer following: 14. True or False, a Line of Credit (LOC) is free to a company. a. True. b. False. 15. What types of companies can use a Line of Credit? a. Corporations. b. Partnerships c. Limited liability companies. d. All can use a Line of Credit (LOC) 16. Cookie Monster wants to use a corporation as the choice of entity for a new cookie company that he wants to form. Which of the following items is true about a corporation? a. A corporation will issue partnership interests to the shareholders. b. A corporation will have only one level of tax at the shareholder level. c. A corporation will have two levels of tax. d. None of these answers is correct. 17. What is EBITDA mean? a. Earnings Before Interest (income), Taxes, Depreciation and Amortization. b. Eat Biscuits Italian Tacos Doughnuts Avocados. c. Earnings Before Interest (expense), Taxes, Depreciation and Amortization. d. Earnings Before Interest (expense), Taxes, Debt and Accounting