For whom would the issue of an oil-linked debt instrument not be considered a risky issue?
What will be an ideal response?
Any firm engaged in oil production would be perfectly hedged by the issuance of oil-linked debt.
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What is profit sharing?
A. A gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard. B. An incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary. C. A group incentive program that measures improvements in productivity and effectiveness and distributes a portion of profit to employees. D. A combination of performance measures directed toward the company's profit and used as the basis for awarding incentive pay. E. An incentive plan where a percentage of the previous year's profits is provided to employees as a part of salary.
Refer to the information above. Supreme's gross profit rate was:
A. 42.9%. B. 57.7%. C. 20.0%. D. 31.7%.