WGU C214 Financial Mgmt Pass the OA
Characteristics of preferred stock includes -dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends can go without payment and pay in arrears the following year Characteristics of common stock are -voting rights -no maturity date -corporate governance -lower payoff claim in BK
Geschreven voor
- Instelling
- WGU C214
- Vak
- WGU C214
Documentinformatie
- Geüpload op
- 20 oktober 2023
- Aantal pagina's
- 28
- Geschreven in
- 2023/2024
- Type
- Tentamen (uitwerkingen)
- Bevat
- Vragen en antwoorden
Onderwerpen
-
wgu c214 financial mgmt pass the oa
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