ACC 291 Wk 3 DQ 2

May 7th, 2015
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ACC 291 Wk 3 DQ 2

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Why is preferred stock referred to as preferred? What are some of the features added to preferred stock that make it more attractive to investors? Would you select preferred stock or common stock as an investment? Why?Providestock details fromyour AnnualReport.Preferred stocks are "preferred" because they have preference over common stock to receive dividends and company assets if the business is liquidated. If a company does not have enough cash to pay dividends to both the preferred shares and the common shares, the preferred shareholders must be paid first. Companies iss

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