Which of the following describes preference shares?
A) Shares which give shareholders certain preferences and advantages over ordinary shares
B) Shares that are purchased by the company for investment purposes
C) Shares that sell for a very high price
D) Shares that are sold to employees of the company as a performance incentive
Correct Answer:
Verified
Q19: Which of the following statements describes the
Q20: Which of the following is NOT part
Q21: Share capital consists of:
A)amounts received from shareholders.
B)capital
Q25: Which of the following represents one of
Q25: All companies must issue both ordinary and
Q27: Which of the following describes retained earnings?
A)Externally
Q28: Retained earnings is equity that is generated
Q29: Which of the following represents one of
Q30: Share capital is equity that is generated
Q39: All forms and classes of shares carry
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