Define Dual Class Shares of Stock

question 14

Essay

Define Dual Class Shares of stock.Why would a firm consider issuing dual classes of stock? Are dual shares common in the United States? In what type of industry are they found?

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Definitions:

Selling Expenses

Costs incurred directly in the selling of goods or services, such as commissions and advertising.

Flexible Budget

A budget that modifies itself according to variations in activity or volume levels.

Various Levels

Refers to differing stages or degrees within a hierarchy or system, often used in the context of organizational structure or data categorization.

Fixed Costs

Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.