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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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Net income

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Net income can either be added to retained earnings by the company or given as a dividend to ordinary stockholders. Net earnings and net profit are frequently used as synonyms for net income because profit and earnings are used interchangeably for income (depending on usage in the UK and the US as well). Net income is frequently substituted with the word income, but this is not preferred owing to potential ambiguity. Because net income is often located on the last line of a company's financial statement, it is colloquially known as the bottom line (a related term is top line, meaning revenue, which forms the first line of the account statement).

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1 year ago
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Ray Of Light [21]

Answer:

False. Have a Good day I hope this helps

Explanation:

3 0
2 years ago
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Eva8 [605]

Funds are created when individuals or organizations contribute resources to trust with the agreement that principal and/or income will be used to benefit individuals or private organizations in a Private-Purpose trust.

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8 0
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Paano mag kopyahan Kaya tapos Yung sagot​
Gre4nikov [31]

hello i am confusion

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6 0
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