answersLogoWhite

0

No, preferred stock is not classified as a current liability. It is considered a form of equity, similar to common stock, as it represents ownership in a company and typically has no obligation for repayment like a liability. Preferred stockholders have a claim on assets and earnings before common stockholders, but they are not required to be settled within a year, distinguishing them from current liabilities.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

Is mandatorily redeemable preferred stock is reported as a liability?

no


Dividends in arrears on cumulative preferred stock should be recorded as a current liability?

No, no payment obligation exists until the board of directors declares a dividend.


The Common Stock Distributable account is classified as a current liability?

FALSE!


What is the cusip for jpm preferred stock?

The CUSIP for JPMorgan Chase & Co. preferred stock can vary depending on the specific series of the preferred shares. For example, JPMorgan's Series L preferred stock has a CUSIP of 46625HAC3. For the most accurate and current CUSIP information, it's advisable to check financial databases or the company's investor relations website, as new preferred stock issues may be introduced.


Is common shares considered as a current liability?

Outstanding stock is an "owner's equity" account. It's on the same side of the accounting equation as liabilities, but it is not a liability.


Is Capital stock asset or liability?

Capital stock is part of liability


Is liability for withholding taxes a current or non current liability?

current liability


Which is a characteristic of the cost of preferred stock?

Preferred stock is valued as a perpetuity


Bavarian sausage inc has 100000 shares of common stock outstanding but no preferred stock the current price of Bavarian's common stock is 15 what is the company's PE-ratio?

11.90


Determine the dividends per share for preferred stock and common stock?

$32,000 on the preferred dividends in arrears 2 years $16,000 on the preferred dividends in arrears in the current year preferred stock = 200,000 shares of 8% cumulative and participating, $10 par value common stock = 800,000 shares of $10 par value. The Company wants to issue $80,000 to the preferred stock holders, with a 15% participation. How much is the Company going to pay the common stockholders? How much is the total dividend payout?


Why isn't stock dividend distributable a current liability?

Because the dividend is only available for distribution; It has not been declared.


Describe what a preferred stock is.?

A preferred stock is a stock where a public traded company or industry owns most of the stock. Preferred stocks have a claim on capital in the event of complete liquidation.