Describe four different loan covenants that a bank may impose on a loan
What will be an ideal response?
Some types of loan covenants that a borrower might encounter include the following:The company must provide financial statements to the bank monthly or, at the very least, quarterly.To restrict a firm's management from siphoning cash out of the business, the bank may limit managers' salaries. It also may prohibit any personal loans from the business to the owners.A bank may put limits on various financial ratios to make certain that a firm can handle its loan payments. For example, to ensure sufficient liquidity, the bank may require the firm's current assets to be at least twice its current liabilities—that is, the current ratio (current assets ÷ current liabilities) must be equal to or greater than 2.The borrower will normally be required to personally guarantee the firm's loan.
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Define the null and alternative hypotheses. Discuss the relationship between the two hypotheses
What will be an ideal response?
Which assessment tool listed below is used to determine an organization’s success in accomplishing its mission?
A. outcomes B. financial ratios C. peer evaluation D. cost–benefit analysis
John D. Rockefeller Jr. was widely attacked when ________
A) a dozen women and small children were killed in the Ludlow massacre B) Johnson & Johnson's products were sabotaged, resulting in the murder of company customers C) the Creel Committee was formed to channel patriotic sentiments of Americans in support of the U.S. role in the war D) he spoke out against the marriage of Khloe Kardashian and Lamar Odom
Antitrust laws are constant across changes in governmental administration
Indicate whether the statement is true or false