Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Which of the following is usually not a feature of cumulative preferred stock ?

A. Has priority over common stock with regard to earnings.

B. Has priority over common stock with regard to assets.

C. Has voting rights.

D. Has the right to receive dividends in arrears before common stock dividends can be paid.

user-image
Question added by Deleted user
Date Posted: 2015/10/23
Deleted user
by Deleted user

cumulative preferred share or redeemable preference share has no voting rating. so the answer is "c"

 

Aarya Deshpande
by Aarya Deshpande , Management Trainee , Maruti Suzuki India Ltd. & Tata Motors Ltd

ans : C

Having voting rights is usually not a feature of cumulative preferred stock.

Davor Andrich
by Davor Andrich , Business Specialist/Relationship Manager , JP Morgan Chase

....and the answer is C.    (I hope I generated characters so I can close this answer box)

Deleted user
by Deleted user

Answer  C  is the right option . preferred stock usually has not voting rights .

Deleted user
by Deleted user

 

A. Has priority over common stock with regard to earnings.

More Questions Like This