Investors who acquire preferred stock Investors who acquire preferred stock.
A preferred stock is an hybrid of a stock and a bond. It is a stock in which the holders of the stock have no voting rights. Also, when dividends are being paid, preferred shareholders are paid before common shareholders. Creditors have preference over preferred shareholders.
Advantages of preferred stock
- Preferred stock investors usually receive a higher dividend compared with common shareholders.
- In the event of the liquidation of the business, preferred stock holders have a higher claim on an asset compared to common shareholders.
A similar question was answered here: brainly.com/question/25258600
Answer: C
Explanation:
Final capital account balance is talking about the final financial status of the partnership business at liquidation. The final allocation will be made based on the financial status of the business.
Answer:
c. quotas
Explanation:
Quotas refer to minimum criteria to be fulfilled to meet the requirement.
Accordingly in the given instance Rita is given certain quotas to fulfill to meet the job. For this she has to sell at least 5 television sets, which shall be flat screen.
Also she must identify at least 10 potential customers who shall buy flat screen sets in near future.
These are basic conditions which are called quotas.
