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why might a creditor include a covenant in debt requiring a minimum tangible net worth? a. covenant restricts managemts ability to incurr new debt. Or
why might a creditor include a covenant in debt requiring a minimum tangible net worth?
a. covenant restricts managemts ability to incurr new debt.
Or
b. covenant restricts managements ability to repurchase stock or pay dividends
or
c. both
or
d. neither
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