Ask Experts Questions for FREE Help !
Ask
    laurie penn's Avatar
    laurie penn Posts: 2, Reputation: 1
    New Member
     
    #1

    Aug 22, 2008, 08:34 PM
    Characteristics of preferred stock
    Which one of the following characteristics of preferred stock would make the stock resemble a liability?
    AdamUTsel's Avatar
    AdamUTsel Posts: 100, Reputation: 2
    Junior Member
     
    #2

    Sep 3, 2008, 11:43 AM
    The fact that preferred stock usually carry no voting rights, but may carry superior priority over common stock in the payment of dividends and upon liquidation.

    Preferred shareholders are paid over common shareholders, similar to paying a creditor (one who you would have a payable balance due to) over your common shareholders.
    aishah harun's Avatar
    aishah harun Posts: 3, Reputation: 1
    New Member
     
    #3

    May 31, 2012, 12:17 PM
    Which is not a characreristic of refrred stock
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #4

    Jun 1, 2012, 06:30 AM
    Ownership in the company

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Calculating Preferred Stock and Common Stock Dividend [ 1 Answers ]

I want help understanding calculating dividends on preferred stock, here is the question: Golf-Easy Company has 10,000 shares of 3% preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends: Year 1 $40,000 Year 2 ...

Preferred Stock Value [ 1 Answers ]

North Pole Cruise Lines issued preferred stock many years ago. It carries a fixed dividend of $6 per share. With the passage of time, yields have soared from the original 6 percent to 14 percent (yield is the same as required rate of return). a)What was the original issue price? b)What is...

Adjusting entries for common stock and preferred stock. [ 1 Answers ]

This is a question off my problem. I am hoping that someone can help. The corporation has stocks of preferred stock with a number of shares of 400 that cost $6,000 and common stock of shares for 300 that cost $9,000. The common stock has purchases on march 30 of 25 shares for the cost of $950 and...


View more questions Search