Question
Which of the following does not apply to preference shareholders? A. They receive dividend before ordinary shareholders B. They have claim on the companys assets
Which of the following does not apply to preference shareholders?
| A. | They receive dividend before ordinary shareholders | |
| B. | They have claim on the companys assets if they are owed | |
| C. | They share proportionately in profit and loss | |
| D. | They receive an agreed rate from the companys profit
|
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
18th edition
538479736, 978-1111534783, 1111534780, 978-0538479738
