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Which of the following is an example of an appropriate loan covenant? Multiple Choice O The firm must not increase its debt ratio by more
Which of the following is an example of an appropriate loan covenant? Multiple Choice O The firm must not increase its debt ratio by more than 3 percent. O The firm must keep its current ratio above 2.2. O The firm must purchase an insurance policy on a key employee. All of the options are examples of appropriate loan covenants
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