On the Stockholders' Equity section of the Balance Sheet, Common Stock is listed before Preferred Stock.

Name: On the Stockholders' Equity section of the Balance Sheet, Common Stock is listed before Preferred Stock.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

The order of listing on the Stockholders' Equity section of the Balance Sheet typically places Preferred Stock before Common Stock, as preferred stockholders have a higher claim on assets and earnings.

On the Stockholders' Equity Section of the Balance Sheet, Common