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From the creditor's perspective, what is the purpose of loan covenants? -To aid in forecasting future revenues and expenses -To help to determine the amount
From the creditor's perspective, what is the purpose of loan covenants?
-To aid in forecasting future revenues and expenses -To help to determine the amount of money lent to a company -To assist government agencies in examining financial statements -To help to ensure a company will be able to repay the loan
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