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mantparn mantparn
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7 years ago
The purpose of the debt covenant that prohibits borrowers from entering into certain types of leases is to ________.
A) protect the lender by controlling the risk and marketability of the borrower's security investments alternatives
B) limit the amount of fixed-payment obligations
C) ensure a cash shortage does not cause an inability to meet current obligations
D) limit the annual cash dividends paid by the firm
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
6 years ago
Whoa I needed this Smiling Face with Open Mouth
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