Answered You can hire a professional tutor to get the answer.

QUESTION

Which of the following is true of ordinary shares?

Which of the following is true of ordinary shares?

a) They entitle their owners to receive a fixed rate of dividend.b) They are often redeemable at a future date.c) Ordinary dividends unpaid in one year are usually cumulative.d) The ordinary shareholders are repaid last if the company is wound up.
Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question