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Companies That Agree to Debt Covenants with Lenders When Taking

Question 83

Multiple Choice

Companies that agree to debt covenants with lenders when taking on loans often make promises to ________ (choose three options) .


A) maintain specified profitability, liquidity, or other financial ratios
B) seek the lender's permission before taking on new borrowings
C) seek the lender's permission before acquiring other companies
D) maintain high technological standards in its production processes

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