ABC is in the gas and oil exploration marketplace. They trade on the NASDAQ under the symbol
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Question:
ABC is in the gas and oil exploration marketplace. They trade on the NASDAQ under the symbol ABC. In 2019 ABC completely suspended the cash dividend. The marketplace had drooped the value of ABC from 45 to 12 in 2019.
In 2021, things started to change. WTI went from $23 to $80 per barrel. ABC began their cash dividend back to the past 2019 level.
Can a company see major changes when massive macro impacts them?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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