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Kaylis [27]
3 years ago
10

Corporate stock can be divided into categories called ________, which can be further divided into ________.

Business
1 answer:
Sophie [7]3 years ago
4 0

Answer:

c. classes, series.

Explanation:

Corporate stock refers to the shares issued to the shareholders through which the company gets its funds for the business.

These shares are of two classes mainly:

Equity and Preference

These are further divided into series like:

Equity = Fully paid, 50% paid

Preference = 5% Preference or 10% preference capital or any other rate.

Further it includes, the reserve and surplus also.

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