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Business, 21.12.2019 01:31 xbeatdroperzx

The purpose of the debt covenant that requires maintaining a minimum level of net working capital is to ) protect the lender by controlling the risk and marketability of the borrower's security investment alternativesb) limit the amount of fixed-payment obligationsc) ensure a cash shortage does not cause an inability to meet current obligationsd) limit the annual cash dividends paid by the firm

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