Which of the following is a disadvantage of share ownership?   Select one: a. Shares are liquid (can be converted to cash quickly). b.   Information is widely available in the news and financial media.   c.   Transaction costs are low.   d.   Valuation is difficult.

Principles of Accounting Volume 1
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Author:OpenStax
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Chapter14: Corporation Accounting
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Problem 1MC: Which of the following is not a characteristic that sets preferred stock apart from common stock? A....
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Which of the following is a disadvantage of share ownership?


 

Select one:
a.

Shares are liquid (can be converted to cash quickly).

b.

 

Information is widely available in the news and financial media.


 

c.

 

Transaction costs are low.


 

d.

 

Valuation is difficult.

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