what are preference shares and discuss the merits
Answers
Answered by
1
Answer:
Hope it helps!! Mark this answer as brainliest if u found it useful and follow me for quick and accurate answers...
Attachments:
Answered by
0
Explanation:
Preference shares are hybrid financing instruments having several benefits and disadvantages of using them as a source of capital. Benefits are in the form of an absence of a legal obligation to pay the dividend, improves borrowing capacity, saves dilution in control of existing shareholders and no charge on assets.
Similar questions