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

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Definitions:

Explicitly Caught

To be explicitly caught refers to explicitly handling exceptions using try-catch blocks in programming, as opposed to allowing exceptions to be handled by default handlers.

Try-Catch-Throw Trio

This refers to the combination of using try and catch blocks along with a throw statement in exception handling, allowing for errors to be caught and possibly re-thrown for further handling.

Handling Exceptions

Handling exceptions involves writing code that responds to errors during program execution in a controlled manner, thereby preventing the program from crashing unexpectedly.

RuntimeException

A type of exception in programming that indicates errors that can occur during the execution of a program and are not checked by the compiler, such as division by zero or invalid array indexes.