In the situation of bankruptcy, the stock which is recorded above common stock and below debt account is Options: A . &nbspdebt liabilities B . &nbsppreferred stock C . &nbsphybrid stock D . &nbspcommon liabilities

In the situation of bankruptcy, the stock which is recorded above common stock a

Question

In the situation of bankruptcy, the stock which is recorded above common stock and below debt account is

Options:

A . debt liabilities

B . preferred stock

C . hybrid stock

D . common liabilities

Answer: Option B
Answer: (b).preferred stock

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