From the creditor's perspective, what is the purpose of loan covenants? A. To assist government...
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Accounting
From the creditor's perspective, what is the purpose of loan covenants?
A. To assist government agencies in examining financial statements
B. To help to ensure a company will be able to repay the loan
C. To aid in forecasting future revenues and expenses
D. To help to determine the amount of money lent to a company
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