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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 12
Which of the following is not a characteristic of the common stock of a large, publicly owned corporation
a. cumulative right to receive dividends.
b.he shares may be transferred from one investor to another without disrupting the continuity of business operations.
c.oting rights in the election of the board of directors.
d.fter issuance, the market value of the stock is unrelated to its par value.
a. cumulative right to receive dividends.
b.he shares may be transferred from one investor to another without disrupting the continuity of business operations.
c.oting rights in the election of the board of directors.
d.fter issuance, the market value of the stock is unrelated to its par value.
Explanation
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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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