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Which of the following covenants are typically includes in a loan contracts in a corporate bond issuance? debt to equity ratio net worth net sales
Which of the following covenants are typically includes in a loan contracts in a corporate bond issuance?
debt to equity ratio
net worth
net sales - cost of goods sold / net sales
net cash flow + non cash expenditures + loan principal payments + interest expense / loan principal + interest expense
all of the above
both choices A and D
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
