Preference shares means that:
A) Preference shareholders are allocated their dividends before dividends are allocated to ordinary shareholders.
B) Preference shareholders are guaranteed dividends.
C) Dividends are paid quarterly.
D) Preference shareholders prefer dividends more than ordinary shareholders.
E) Dividends must be declared on preference shares every year.
Correct Answer:
Verified
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Q126: The following data were reported by a
Q127: Treasury shares are classified as:
A) An asset
Q129: Corporations often buy back their own shares:
A)
Q130: Xtreme Sports has $100,000 of 8% noncumulative,
Q131: Preference shares are often issued:
A) To initiate
Q132: Prior to June 1, a company has
Q133: A company declared a $0.55 per share
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