Which of the following statements relating to ordinary shares is incorrect?
A) Ordinary shares receive their dividends after the preference shares.
B) Holders of ordinary shares have the right to sell their shares.
C) The market price of ordinary shares tends to fluctuate with expectations of future profits.
D) Ordinary shares have a fixed rate of dividend attached.
Correct Answer:
Verified
Q24: Under current accounting standards, share issue expenses
Q25: Which of the following is the correct
Q26: Which of the following is not a
Q27: When accounting for the issue of shares,
Q28: Under current accounting standards preliminary expenses of
Q30: Which of the following statements relating to
Q31: The _ specified in the prospectus must
Q32: Final dividend payable is classified as what
Q33: Minstrel Ltd decided to issue 200 000
Q34: Lotus Company Ltd decided to issue 100
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