On liquidation of a public limited liability company, the...
On liquidation of a public limited liability company, the residual owners are the?
creditors
debenture shareholders
preference shareholders
ordinary shareholder
Correct answer is D
Ordinary share capital refers to shares that are issued by a company that allow shareholders voting rights within a corporation. Ordinary shareholders may also receive dividends. The value of the assets of a company net of its liabilities and any amounts of capital due to holders of shares other than ordinary shares (e.g. preference shares). If the company were to go into liquidation this would be the equity available for distribution to the ordinary shareholders.
New shares are offered to the public through? ...
Land as a factor of production does not vary in? ...
The world tourism organization has it headquarters in ...
\(\begin{array}{c|c} N & N \\ \hline \text{Capital 8000} & \text{Plant and machinery5000} \\ ...
The agreed amount payable to a policy holder when the event insured against occurs is? ...
Which of the following is a means of payments through the post office? ...