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Preference Share Capital or Quasi-Equity
It is also called quasi-equity because it combines features of equity and those of debt. It is preference because it is preferred to ordinary share capital that is:
i) It is paid asset proceeds first - preferred to assets.
ii) It is paid dividends first - preferred to dividend
Dissimilar ordinary share capital, such has a fixed return. It carries no voting rights. It is an unsafe finance and it increases the company's gearing ratio.
Protozoa general characters and classification
The first ever australopithecine fossil was found in 1924 at Taung, South Africa. It was the skull of a 6 year old child showing a mixture of human and ape like features. This a
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