Garrett Jennings is thinking about buying an investment that represents the most basic form of business ownership and pays a dividend. The dividend on this investment is paid after all other payments and dividends have been made. Which investment is Garrett thinking about purchasing?

Question

Quizplus · Accepted Answer

Common stock represents the most basic form of business ownership and dividends on common stock are paid after all other obligations, including dividends on preferred stock, have been met.

Garrett Jennings Is Thinking About Buying an Investment That Represents