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Roman55 [17]
3 years ago
8

Norway's government nationalized the country's oil resources, and it has been accumulating a massive sovereign wealth fund worth

billions of dollars ever since. This sovereign fund is used as a monetary source for government funded national education and healthcare. This is because the wealth generated by nationalized industries:_______
a. always charge high prices and reduce output.
b. is used to serve the interests of oil industry.
c. never return value to citizens of the country.
d. is used to serve the citizens of the country.
Business
1 answer:
kodGreya [7K]3 years ago
8 0

Answer:

The correct option is D

Explanation:

Nationalization refers to when a company or industry is taken over by a government. And by doing so the government increases its revenue which is used in serving the state and its people.

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Fynjy0 [20]

Answer:

because answer key you give you answer

8 0
2 years ago
Possible losses due to negligence resulting in bodily harm or property damage to others are called ____________ risks.
matrenka [14]
Possible losses due to negligence resulting in bodily harm or property damage to others are called B.) LIABILITY risks.

Liability is an obligation that you must do or must pay for. 
8 0
3 years ago
Assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.25 per share at the end of 2019. The dividend i
lidiya [134]

Answer:

Value of stock = $47.99

Explanation:

<em>The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.</em>

Year                                   Present Value  

1    1.25× 1.15^1 × 1.095^(-1) =1.31

2    1.25× 1.15^2 × 1.095^(-2) = 1.38

3.    1.25× 1.15^3 × 1.095^(-3)= 1.45

Present value of Dividend in Year 4 and beyond

This will be done in two steps

Step 1

PV in year 3 terms  

= Dividend in year 4× (1.06)/(0.095-0.06)

1.25× 1.15^3 × 1.06/(0.095-0.06)=57.57

PV in year 0 terms =

PV in year 3 × 1.095^(-3)

=57.5759 × 1.095^(-3)= 43.852

Value of stock = 1.3  + 1.38 + 1.45  + 43.852= $47.99

Value of stock = $47.99

5 0
2 years ago
Arlington Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures wer
yaroslaw [1]

Answer:

b. 10.65%

capitalized interest

d. $704,415

actual interest

a. $1,758,000

interest expense

c. $1,053,585

Explanation:

the average cost of debt for general funds:

4,800,000 x 10% = 480,000

9,000,000 x 11% = 990,000

13,800,000            1,470,000

1,470,000 / 13,800,000 = 10.65%

<u>capitalized fund:</u>

4,800,000 x 10/12= 4,000,000‬

3,960,000 x 7/12 = 2,310,000

total                         6,310,000

specifit borrowing: 2,400,000 x 12% = 288,000

remainder              3910000 x 10.65% = 416,415

                                     capitalized cost 704,415

<u>actual interest:</u>

1,470,000 + 288,000 = 1,758,000

<u>interest expense</u>

1,758,000 - 704,415 = 1,053,585

4 0
2 years ago
Read 2 more answers
Two technicians are discussing oil pumps. Technician A says that many oil pumps are driven directly off the front of the cranksh
Alexandra [31]

Answer:

c. both techs

Explanation:

Based on the scenario being described within the question it can be said that in this situation both technician A and technician B are correct. The way that the oil pumps are driven off the platform can depend on the specifics of the platform as well as the current situation. Therefore depending on the situation it can be either or, thus making both technicians correct.

6 0
3 years ago
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