Debt covenants include all of the following except ________.
A) restrictions for holding compensating balances of cash
B) restrictions on purchase of supplies
C) maintaining set ratios or working capital values
D) restrictions on future borrowings

Question

Quizplus · Accepted Answer

Debt covenants typically include financial restrictions like maintaining certain ratios or limiting future borrowings, but they do not usually include restrictions on the purchase of supplies.

Debt Covenants Include All of the Following Except ________