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When preference shares share with the ordinary shareholders in any profit distributions beyond the prescribed rate this is known as the Redeemable feature Cumulative feature Callable feature Participating feature

When preference shares share with the ordinary shareholders in any profit distributions beyond the prescribed rate this is known as the Redeemable feature Cumulative feature Callable feature Participating feature

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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When preference shares share with the ordinary shareholders in any profit distributions beyond the prescribed rate this is known as the Redeemable feature Cumulative feature Callable feature Participating feature
Transcribed Image Text:When preference shares share with the ordinary shareholders in any profit distributions beyond the prescribed rate this is known as the Redeemable feature Cumulative feature Callable feature Participating feature
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