anonymous
  • anonymous
Which statement is NOT true about equity shareholders? A: They are owners of the business. B: They are given first priority while paying dividends. C: They have a right to vote on business matters. D: They receive dividend only if the business makes profits. E: They hold ordinary shares and not preference shares.
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
chestercat
  • chestercat
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
IrishBoy123
  • IrishBoy123
read B & E closely
anonymous
  • anonymous
OK
anonymous
  • anonymous
Which one you thank it is

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

IrishBoy123
  • IrishBoy123
you first!!
IrishBoy123
  • IrishBoy123
remembering pref shares are like special shares in one sense
anonymous
  • anonymous
b
IrishBoy123
  • IrishBoy123
i would agree pref shareholders get paid before normal equity but they have limited right to dividends, usually a fixed coupon, and often limited voting rights
anonymous
  • anonymous
so its c
IrishBoy123
  • IrishBoy123
C is ambiguous they have votes that pertain to the business, eg remuneration for board. but they meet once a year and are not involved in day to day decisions. so C is partly true but mostly not true B however is not true if there are other types of equity holders, such as prefs who get paid first. not a very well worded question

Looking for something else?

Not the answer you are looking for? Search for more explanations.