Examlex
Which ONE of the following statements is NOT true about preferred stock?
Financial Leverage
The use of borrowed funds to increase potential return on investment.
Operating Cash Flows
The cash generated from the normal operations of a business, including the production and sale of goods or services.
Marketability
The ease with which an asset can be bought or sold in the market without affecting its price.
Operating Cash Flow
The cash generated from a company's normal business operations before financing and investment activities.
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