Answer:
Equity Shares are commonly called Common shares and have both advantages and disadvantages over Preference shares.
- Equity shareholders are allowed to vote on company issues while preference shareholders can not.
- Preference shareholders get paid first between the two in the case that the company liquidates from bankruptcy.
- Preference shareholders get a fixed dividend that has to be paid before equity share dividends are paid.
- Preference shareholders can convert their shares to Equity shares but equity shareholders do not have the same courtesy.
- Preference shares can only be sold back to the company while equity shares can be sold to anybody.
Answer:
Answered below
Explanation:
// Python implementation
incrementAmount = 5
basePrice = 10
price = 0
arrivalHour = int(input("Enter arrival hour 0-12: ")
if arrivalHour < 0 or arrivalHour > 12:
print ("Invalid hour")
if arrivalHour == 0:
price = basePrice
else:
price = arrivalHour * incrementAmount
totalPrice = price + basePrice
if totalPrice > 53:
totalPrice = 53
print ("Your bill is $totalPrice")
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Answer:
Runtime error probably. The program won't make it past the while loop in the code.
