Identify those trends that are unfavorable from the viewpoint of a bondholder. (More than one answer may
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Identify those trends that are unfavorable from the viewpoint of a bondholder. (More than one answer may be correct.)
a. Market interest rates are steadily rising.
b. The issuing company's interest coverage ratio is steadily rising.
c. The issuing company's net cash flow from operating activities is steadily declining.
d. The issuing company's debt ratio is steadily declining.
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Financial & Managerial Accounting
ISBN: 9780073526997
15th Edition
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
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