question archive Put the following in order of their claim on assets of a firm, starting with the FIRST to have a claim: I
Put the following in order of their claim on assets of a firm, starting with the FIRST to have a claim: I
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Put the following in order of their claim on assets of a firm, starting with the FIRST to have a claim:
I. Bonds II. Common Stock III. Preferred stock
a. 1,2,3
b. 3,1,2
c. 2,3,1
d. 1,3,2
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Answer:
Correct option is > D. I, III, II
Claim on assets from first to last >>>>> Bonds, Preferred stock and then Common Stock.
