Which of the following features of preference shares makes the security more like debt than an equity instrument?
A) Participating
B) Voting
C) Redeemable
D) Noncumulative
Correct Answer:
Verified
Q54: Which of the following statements about property
Q55: According to IFRS, redeemable preference shares should
Q55: Cash dividends are paid on the basis
Q56: The features most frequently associated with preference
Q57: Liquidating dividends
A)Are prohibited under IFRS.
B)Require a credit
Q59: When preference shares share ratably with the
Q60: "Gains" on sales of treasury shares (using
Q61: Noncumulative preferred dividends in arrears
A)are not paid
Q62: The balance in Ordinary Share Dividend Distributable
Q63: Trading on the equity is:
A)The ratio of
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