ICSE Class 10 Commerce 2020 Solved Papers

Show Para  Hide Para 
SECTION - I

Distinguish between :
© examsnet.com
Question : 3
Total: 31
Equity shares and Preference shares.
Solution:  
 Equity Shares   Preference Shares
 (i) Rate of dividend of equity shares are varies with the company's profit.  Rate of divident of preference shares are generally fixed.
 (ii) These cannot be converted into preference shares.  These can be converted into equity shares.
 (iii) Equity shares holders have voting rights.  Preference shares holders have no voting rights.
© examsnet.com
Go to Question: