24 A holder of a preference share has the following advantages over an ordinary shareholder: (a) A...
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24 A holder of a preference share has the following advantages over an ordinary shareholder:
(a) A dividend which will increase if profits increase
(b) A greater number of votes for each share held
(c) Preferential prices if buying the company’s products
(d) Priority over ordinary shareholders for payment of dividends and also capital repayment if the company fails
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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