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Home > Business & Careers > Accounting   »   Preferred Stock as a Liability

 
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Old Apr 29, 2007, 07:52 PM
lambchop76
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Preferred Stock as a Liability

Which one of the following characteristics of preferred stock would make the stock resemble a liability?
a. the preferred stock is callable
b. the preferred stock is convertible
c. the preferred stock has warrants issued
d. the preferred stock is noncumulative
e. the preferred stock is participating

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Old Apr 30, 2007, 09:15 AM   #2  
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Quote:
Originally Posted by CaptainForest
What do YOU think the answer is?
I quoted you Captain Forest hope you don't mind
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