Multiple Choice
A preference share on which the right to receive dividends is forfeited for any year that the dividends are not declared is referred to as:
A) Participating preference share.
B) Callable preference share.
C) Cumulative preference share.
D) Convertible preference share.
E) Noncumulative preference share.
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Owning shares is attractive to investors because
Q38: Corporations often buy back their own shares:<br>A)
Q39: A company reported $990,000 in net income
Q40: What are the journal entries recorded for
Q41: Explain how to compute book value per
Q43: What are treasury shares? How is the
Q44: A corporation sometimes gives its shares to
Q45: A company declared a $0.55 per share
Q46: The right of ordinary shareholders to protect
Q47: A bonus issue or share dividend reduces