A corporation issues two classes of equity shares, preferred shares and common shares. The preferred shares...

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A corporation issues two classes of equity shares, preferred shares and common shares. The preferred shares...

A corporation issues two classes of equity shares, preferred shares and common shares. The preferred shares have priority on dividends and distribution on liquidation over the common shares. Therefore, these two classes of shares are not ________ ________.

business accounting

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Answer 1

Answer #1

identical or same.

Reason: Preffered stock and common stock differs on the basis of fixed income, voting rights, ownership.

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Answer 2

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A corporation issues two classes of equity shares, preferred shares and common shares. The preferred shares...

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Fill in the blanks. A corporation issues two classes of equity shares, preferred shares and common...

Fill in the blanks. A corporation issues two classes of equity shares, preferred shares and common...

Fill in the blanks. A corporation issues two classes of equity shares, preferred shares and common...

Fill in the blanks. A corporation issues two classes of equity shares, preferred shares and common...

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