ICSE Class 10 Commerce 2020 Solved Papers
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Distinguish between :
SECTION - I
Distinguish between :
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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. |
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