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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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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

User VoidVolker
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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.

Hope this helps!
User Dave Stallberg
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