Which of the following is a difference between ordinary and preference shares?
A) Preference shareholders receive priority of payment above ordinary shareholders on the winding up of the company.
B) Preference dividends are paid before ordinary dividends.
C) Preference shares offer investors a lower level of risk than ordinary shares.
D) All are differences.
Correct Answer:
Verified
Q50: The statement concerning invoice discounting that is
Q51: The current market price of a company's
Q52: The form of short-term finance where another
Q53: Which of the following is not an
Q54: Stretching the time taken to pay off
Q55: Preference shares are no longer a major
Q56: All are ways in which a firm's
Q57: Gearing refers to the use of:
A) debt
Q59: A loan provided by a financial institution
Q60: The use of debt finance can lead
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents