Why do creditors wish to restrict a corporations payment of cash dividends and repurchases of the corporations

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Why do creditors wish to restrict a corporation’s payment of cash dividends and repurchases of the corporation’s shares?

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Horngrens Accounting

ISBN: 9780135359785

11th Canadian Edition Volume 2

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood

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