Reference no: EM132756566
Problem 1: Preference shareholders normally have priority over ordinary shareholders as to
A. payment of dividends only.
B. priority rights to assets in the event of liquidation only.
C. voting rights.
D. payment of dividends and the right to share in assets in the event of liquidation.
Problem 2: Book value per share is calculated by dividing total
A. share capital by the number of ordinary and preference shares.
B. share capital by the number of ordinary shares issued.
C. shareholders' equity by the number of ordinary shares issued.
D. shareholders' equity by the dollar value of ordinary shares issued.
Problem 3: Book value per share is usually
A. equal to the market value per share.
B. ess than the market value per share.
C. more than the market value per share.
D. can be more or less than the market value per share.