Preferred Stock | Cumulative versus Non Cumulative | Financial Accounting Course | CPA Exam FAR
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-04-15

This video explains preferred stock. Preferred stock (also called preferred shares, preference shares or simply preferreds) is a form of stock which may have any combination of features not possessed by common stock.  Preferred stock refers to a class of ownership that has a higher claim on assets and earnings than common stock has.


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