A class of ownership that has a higher claim on assets and earnings than common stock holders is known as:
A. Hybrid stock holders
B. Debenture share holders
C. Preferred stock holders
D. Commodity holders
Answer:C
A class of ownership that has a higher claim on assets and earnings than common stock holders is known as:
A. Hybrid stock holders B. Debenture share holders C. Preferred stock holders D. Commodity holders