Which statement regarding preference shares is not correct?
A) Preference shareholders have the right to receive dividends prior to any dividends being paid to ordinary shareholders.
B) Preference shares are a permanent source of capital.
C) Dividends paid on preference shares are normally tax deductible to the business.
D) Preference shares typically do not carry voting rights.
Correct Answer:
Verified
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Q20: Dividend policy is influenced by:
A) the difficulty
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Q24: It is true that:
A) shareholders have the
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