Convertible Preference Shares Are Normally Converted Into

question 88

Multiple Choice

Convertible preference shares are normally converted into:

• A) debentures.
• B) bonds.
• C) shares.
• D) warrants.

---

Definitions:

Year 1

A term typically used to refer to the first year of an activity, study, or business operation.

Liquidity Ratios

Financial metrics used to evaluate a company's ability to meet its short-term obligations, indicating its financial health.

Short-Term Debt

Financial obligations and loans that are due to be paid back within a year from the balance sheet date.

Measure

An evaluation or estimation of the nature, quality, or ability of someone or something.