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A company is in the process of negotiating with a bank for an additional loan. Why will the bank be interested in the companys debt service coverage ratio?

Chapter 13, Questions #18
A company is in the process of negotiating with a bank for an additional loan. Why will the bank be interested in the company’s debt service coverage ratio?

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The debt service coverage ratio measures the amount of cash gener…View the full answer

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Related Book For answer-question
Using Financial Accounting Information The Alternative to Debits and Credits

Using Financial Accounting Information The Alternative to Debits and Credits

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

ISBN: 978-1133161646

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