Gulf Navigation Plans to Raise Its Capital

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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason for the company to choose a rights issue over a bond sale?
To meet market demand for more shares
To resolve legal legacies
To decrease the company's equity
To increase the company's debt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector is the company focusing on for its acquisitions?
Oil and Gas
Retail
Healthcare
Technology
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the company's goal for its fleet by 2020?
To reduce it by half
To maintain the current size
To double or triple it
To sell it entirely
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the company in a hurry to expand?
Due to a retraction in the oil market
To take advantage of stabilizing market conditions
To reduce operational costs
To decrease refining capacity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge is the company facing despite its growth potential?
Investor skepticism
High operational costs
Lack of market opportunities
Decreasing share prices
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