Which of the following characteristics are true, with reference to preference capital?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

reference dividend is not tax deductible

TuteeHUB · Answer

he claim of preference shareholders is prior to the claim of equity shareholders

TuteeHUB · Answer

reference shareholders are not the owners of the concern

TuteeHUB · Answer

ll of the above

1.	Which of the following characteristics are true, with reference to preference capital?
A.	reference dividend is not tax deductible
B.	he claim of preference shareholders is prior to the claim of equity shareholders
C.	reference shareholders are not the owners of the concern
D.	ll of the above
Answer» E.

Discussion