What type of stock receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied?
A. Cumulative preferred
B. Preferred
C. Common
D. No-par
Common stock receives an equal part of the profits on each share to be distributed after all other obligations of a company have been satisfied.
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Asked 6/29/2016 12:33:31 PM
Updated 157 days ago|8/12/2020 4:45:23 AM
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