Differentiate between preference shares and ordinary shares.

      

Differentiate between preference shares and ordinary shares.

  

Answers


Winnie
Preference shares carry a right to a fixed rate of return on investment out of distributable profits for any year usually stated with a fixed percentage of dividends while ordinary shares are the proprietary shares in the company which do not carry a fixed rate of return on investment or dividends
Wincate 1 answered the question on October 12, 2017 at 14:00


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