Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 9 - No. 10)
Preference shares have a:
a nominal value, typically $1.00 or $0.25 etc.
no voting rights
entitlement to receive a “fixed” dividend, paid after the preference shareholders’ have received their dividends.
All of the above
Explanation
Preference shares have a nominal value, no voting rights, and an entitlement to receive a fixed dividend.
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