The purpose of the debt covenant that requires maintaining a minimum level of net working capital is to ) protect the lender by controlling the risk and marketability of the borrower's security investment alternativesb) limit the amount of fixed-payment obligationsc) ensure a cash shortage does not cause an inability to meet current obligationsd) limit the annual cash dividends paid by the firm

Answer is option C i.e. ensure a cash shortage does not cause an inability to meet current obligations.

Explanation:

Debt covenants can be understood as an agreement between the lenders and the borrower. There are certain terms that are to be considered by the parties of the agreement. One such term is the maintenance of a minimum level of net working capital so that when a company/organization that has borrowed the money runs bankrupt can meet its obligation to pay back the required amount to the lender on time. Therefore, maintenance of a minimum level of net working capital is to ensure that the cash shortage does not cause an inability to meet current obligations.

i mean, there is a lot of homeless people. but it is a very busy place and always in need for people who can be busy so it's not impossible to find one.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101