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Debentures

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Debentures

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 13, 2015 at 3:18 am #291428
    Theingi
    Participant
    • Topics: 14
    • Replies: 22
    • ☆

    Dear sir,

    Regards with debenture, which one is NOT true:
    1. It is paid after preference shares
    2. It is freely transferable

    Thanks in advance

    December 13, 2015 at 8:46 am #291456
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    The untrue one is about repayment preference.

    A debenture is ALWAYS repaid before a preference share

    Ok?

    December 13, 2015 at 10:58 am #291474
    Theingi
    Participant
    • Topics: 14
    • Replies: 22
    • ☆

    Thanks you indeed.

    December 13, 2015 at 11:33 am #291479
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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