On March 14, 2019. Core Molding Technologies, Inc. filed a Form SK disclosing an umend ment to one of its borrowing agreements as follows: PB- Covenant violation ILO8-4) (The Bowers and the Lenders agreed to modify certain terms of the N/R Credit Agreement. These modifications included (1) implementation of an availability block on the US Revolving Lanteducing availability from $40,000,000 to $32,500,000, chy modification to the definition of EBITDA to dlacker in contine expenses (3) Waiver of non-compliance with the lenge covenants of December 31, 2018 and modification of the leverage ratio definition and covenant to eliminate testing of the lege ratio until December 31, 2019. (4) waiver af to compliance with the fixed charpe covenants of December 31, 2018 and modification of the fund camera rutin del nition and covenant requirement, (5) implementing a mim capital expenditure spent of $7.500.000 during the instix months of 2019 und $12.500.000 for the full year 2009.) increase the applicable margin for using and revi lot, (7) increme in the commitments and Rewing Louis Sue Core Molding Technologies Formed March 14 2019, c. Edited Bir brevity 1. What is a minimum fixed change coverage ratio, and what purpose does it were in a com play's loan agreements? 2. Why would Core Molding have agreed to restrictions on its activities? bu general terms, explain how a company such as Core Molding en alter its accounting heices to avoid violating debt covenants tied to financial statement members why would Core Molding's fender here waived the covenant volutions and redefined his TRETDA is computed