Exam (elaborations)
ACCT410 Exam Guide Questions to Guaranteed A+ Pass
- Course
- Institution
Preferred Stock Characteristics Usually issued AT par & has more debt characteristics than equity 1. Preference to Dividends -% of par value (%*face) -cumulative preferred tock ("earned" NOT accumulated, "in arrears") - participating preferred stock (shares in C/S dividends) 2. Preference to ...
[Show more]