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Which of the following are common POSITIVE bank covenants? Indicate ALL that apply. Achieve a certain threshold in certain financial ratios Partake in certain M&A
Which of the following are common POSITIVE bank covenants? Indicate ALL that apply.
Achieve a certain threshold in certain financial ratios | ||
Partake in certain M&A | ||
Pay cash dividends over a certain amount or predetermined threshold | ||
Borrow more debt | ||
Provide yearly audited financial statements |
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