Preferred stock is least likely to have which of the following characteristics?a. Preference as to assets on liquidation of the corporationb. The right of the holder to convert the shares to common stockc. Preference as to votingd. Preference as to dividends
Preferred stock is least likely to have which of the following characteristics?a. Preference as to assets on liquidation of the corporationb. The right of the holder to convert the shares to common stockc. Preference as to votingd. Preference as to dividends
Preferred stock is least likely to have which of the following characteristics?a. Preference as to assets on liquidation of the corporationb. The right of the holder to convert the shares to common stockc. Preference as to votingd. Preference as to dividends
Preferred stock is least likely to have which of the following characteristics? a. Preference as to assets on liquidation of the corporation b. The right of the holder to convert the shares to common stock c. Preference as to voting d. Preference as to dividends
Definition Definition Type of stock which is granted priority over dividend distributions as compared to common stockholders. Preferred stocks also do not carry any voting rights. Notably, in a case where a company is going to be liquidated, preferred stockholders have a priority claim on the value of assets of the company as quoted in the balance sheet, as compared to the common stockholders.
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