Creditors have a fixed financial claim on a company's resources through all of the following EXCEPT _____.
A) long term debt
B) bank loans
C) preferred stock
D) commercial paper

Name: Creditors have a fixed financial claim on a company's resources through all of the following EXCEPT _____. A) long term debt B) bank loans C) preferred stock D) commercial paper
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Question

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Preferred stock represents equity ownership in a company, not a fixed financial claim like long term debt, bank loans, and commercial paper.

Creditors Have a Fixed Financial Claim on a Company's Resources