Asked by
Alstan Wolfe
on Nov 13, 2024Verified
Owners of this class of stock are entitled to receive dividends first
A) Cash dividend
B) Date of record
C) Stock Dividends Distributable
D) Date of declaration
E) Treasury stock
F) Preferred stock
G) Date of payment
H) Paid-In Capital in Excess of Par
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and often pays dividends at a fixed rate.
Dividends
Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.
Owners
Individuals or entities that possess legal rights and control over a business or asset.
- Identify the unique features of common stock, preferred stock, and other components of equity.
Verified Answer
RR
Learning Objectives
- Identify the unique features of common stock, preferred stock, and other components of equity.