A Business That Explores For, Removes, Processes and Sells Minerals

question 61

Short Answer

A business that explores for, removes, processes and sells minerals, oil, and gas, is an __________ industry.

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Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends.

Market Risk Premium

The additional return an investor expects for holding a risky market portfolio instead of risk-free assets.

Dividend Amount

The cash value paid out to shareholders from a company's earnings.

Retention Ratio

The proportion of net income that is retained in the company rather than being paid out as dividends.