Which of the following is most likely considered a negative covenant? A. The company must maintain a

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Which of the following is most likely considered a negative covenant?

A. The company must maintain a current ratio of 2.0 or above.

B. The company must maintain insurance on specific property.

C. The company is not permitted to pay dividends until all interest obligations on debt are satisfied.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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