Sources Of Business Finance

Question

Differentiate between convertible and non-convertible preference shares.

Solution

Convertible preference shares are those shares which can be converted into equity shares within a specified period of time, whereas non-convertible preference shares cannot be converted into equity shares.

Some More Questions From Sources of Business Finance Chapter

Give meaning of business finance.

Give meaning of fixed capital.

Give meaning of working capital.

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Sources Of Business Finance

Differentiate between convertible and non-convertible preference shares.

Some More Questions From Sources of Business Finance Chapter

Give meaning of business finance.

Give meaning of fixed capital.

Give meaning of working capital.

Give types of working capital.

Give meaning of owner’s capital.

Give meaning of borrowed capital.

Give meaning of long-term finance.

Give meaning of medium-term finance.

Give meaning of short-term finance.

Define shares.

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