Which of the Following Is Not a Common Debt Covenant

question 34

Multiple Choice

Which of the following is not a common debt covenant restriction?

• A)Maintenance of a minimum level of retained earnings before dividends can be paid.
• B)Maintenance of a minimum working-capital ratio.
• C)Specification of a maximum debt-equity ratio.
• D)Specification of a minimum earnings per share.

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Definitions:

Resistance Of Aging

Efforts and behaviors aimed at delaying or combating the physical, cognitive, and emotional changes associated with getting older.

Principle Of Equity

One of the Five Principles of the National Senior Strategy for Canada recommending that older Canadians from different ethnocultural groups, those from LGBTQ communities, and those with varying abilities are equally supported.

Job Employability

The set of skills, knowledge, and attributes that make an individual more likely to secure and succeed in employment.

Job Security

The probability that an individual will retain their job in the near future, often reflecting the stability of employment within a company or economy.