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02-06-2018
Mathematics

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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. No-par B. Preferred C. Common D. Cumulative preferred

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cchikoo cchikoo

02-06-2018

Answer is C. 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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