Question

which of the following statement correctly explains the distinction between equity shares andpreference shares ?

a)Equity shares do not enjoy voting rights over preference shares.

b) Equity shareholders have the priority to receive dividend over preference shares

c) Equity dividend keeps on fluctuating and preference dividend remains fixed

d)Equity shareholders are paid before the payment to preference shareholders​

Answer 1

c) Equity dividend keeps on fluctuating and preference dividend remains fixed.

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