Which One of the Following Might Be Included in a Bond's

question 30

Multiple Choice

Which one of the following might be included in a bond's list of negative covenants?

• A)Maintaining a current ratio of 1.2 or more
• B)Maintaining a minimum cash balance of $1.2 million
• C)Limiting cash dividends to $1 per share or less
• D)Maintaining a times interest earned ratio of 2 or more
• E)Providing audited financial statements in a timely manner

---

Definitions:

Learning And Development

A systematic process to enhance employee skills, knowledge, and competency, necessary for job performance.

Learner Engagement

The involvement and participation of learners in the learning process, often resulting in better outcomes and retention.

Active Practice

An instructional strategy that involves directly applying skills or knowledge through performing tasks or activities.

Training Content

The material, information, and skills that are delivered and covered during a training program.