Question: Discuss the bias, objectives, and potential conflicts that may exist between the following users / groups: Bank with a current ratio debt covenant and management

Discuss the bias, objectives, and potential conflicts that may exist between the following users/groups:
Bank with a current ratio debt covenant and management of a public company with a bonus based on net income
Bank assessing whether to extend additional credit and owners of a private company that are facing cash flow issues
Union entering into new collective bargaining agreement and management that is evaluated on ability to reduce operating expenses

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