219k views
2 votes
George owns 300 shares of preferred stock in a company. By owning preferred stock, George has:

1 Answer

4 votes

Answer:

Trey owns 250 shares of common stock in a toy-store company. This means that he owns a percentage of the company based on the proportion of shares he owns out of the total shares issued by the company. With this ownership he also acquires rights to: vote. George owns 300 shares of preferred stock in a company.

Step-by-step explanation:

User Viraj
by
5.5k points