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Assess the likelihood that Deluxe Seating will violate its debt covenants (specically,r the covenant concerned with its debt to assets ratio} with its major lender,

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Assess the likelihood that Deluxe Seating will violate its debt covenants (specically,r the covenant concerned with its debt to assets ratio} with its major lender, American Bank. Discuss the implications of any possible future debt covenant violation and potential strategies for trying to get American Bank to renegotiate the debt covenants if default seems likelv

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