https://www.mathxl.com/Student/playerTest.aspx?testid16677428 secure 4&cente; wi

Question

https://www.mathxl.com/Student/playerTest.aspx?testid16677428 secure 4&cente; winsye FIN331-Financial Management-Fall 2017, WB21 Kouame 11/9/17 8:43 PM Test: Mid-Term Exam 2 Time Remaining: 02:26:21 Submit Test This Question: 4 pts 23 of 25 (0 complete) | This Test: 100 pts possible Assume that a firm had such serious financial problems that it was about to be liquidated after a bankruptcy All of the firm's assets are about to be sold in order to pay the following claims against the firm: bondholders, preferred stockholders, common stockholders, and m federal income taxes. Of the claims mentioned, what priority would common stockholders have? 83 O A. first OB, second OC. third O D. fourth Click to select your answer

Explanation / Answer

After Liquidation, bondholder has first to claim on the assets of the comapny. After bondholder, preferred stockholder are second, who claim on the assets of the company. Stockholder are third and last who can claim on assets.

Option (C) is correct answer.

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.