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5 What is the purpose of a covenant analysis? Review Later To calculate the financial...

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Accounting

5

What is the purpose of a covenant analysis?

Review Later

To calculate the financial and leverage ratios commonly used by commercial banks as covenants in assessing a companys credit rating

To evaluate the risk rating of a company by calculating the weighted average of various key ratios

To forecast the monthly working capital funding gap and analyze the need for operating line

To construct the debt schedules for various types of debt and calculate the cash flows

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