[单选题]

A company that provides cruise ship vacations uses term loans to finance the acquisition of new cruise ships. Which of the following is most likely a negative covenant for the loans? The company must:

A.Seek lender approval to pay dividends.

B.Ensure the ships are insured.

C.Maintain a minimum level of working capital.

参考答案与解析:

相关试题

A company uses the percentage-of-completion method to recognize revenue from its long term construct

[单选题]A company uses the percentage-of-completion method to recognize revenue fro

  • 查看答案
  • A company uses the percentage-of-completion method to recognize revenue from its long-term construct

    [单选题]A company uses the percentage-of-completion method to recognize revenue fro

  • 查看答案
  • The( )means that the ship-owner provides a designatedmanned ship to the charterer, and the charterer

    [单选题]The( )means that the ship-owner provides a designatedmanned ship to the cha

  • 查看答案
  • 4 (a) A company may choose to finance it

    [试题]4 (a) A company may choose to finance its activities mainly by equity capital, with low borrowings (low gearing) or byrelying on high borrowings with relatively low equity capital (high gearing).Required:E.xplain why a highly geared company is general

  • 查看答案
  • The( )means that the ship-owner provides adesignated manned ship to the charterer, and thecharterer

    [单选题]The( )means that the ship-owner provides adesignated manned ship to the cha

  • 查看答案
  • Fiona Acquisition, Inc., is considering the purchase of Kingbet Company. The acquisition would requi

    [单选题]Fiona Acquisition, Inc., is considering the purchase of Kingbet Company. Th

  • 查看答案
  • When the freight forwarder provides services on behalf of the consigneebasis on the CFR trade term,

    [多选题]When the freight forwarder provides services on behalf of the consigneebasi

  • 查看答案
  • When the freight forwarder provides services on behalf of the consignorbasis on the CIF trade term,

    [多选题]When the freight forwarder provides services on behalf of the consignorbasi

  • 查看答案
  • When the freight forwarder provides services on behalf of the consignorbasis on the CIF trade term,

    [多选题]When the freight forwarder provides services on behalf of the consignorbasi

  • 查看答案
  • A new term has begun.Teachers are _____1

    [单选题]A. new term has begun.Teachers are _____1_____ about the fact that new students are not easy to deal with.They like to bring cellphones and MP3 players to school.What is _____2_____ , some students even use cellphones _____3_____ out-of-class matters

  • 查看答案
  • A company that provides cruise ship vacations uses term loans to finance the acquisition of new crui