dentify the statement which is correct about the equity shares

a.

In case of winding up of the company, the equity shareholders will be paid after making all the payments

b.

The owners can receive a fixed rate of dividend

c.

Ordinary dividends in arrears in one year are generally cumulative

d.

It can be redeemed at a future date

Pro-rata allotment of Shares means allotment of Shares

a.

At the discretion of the directors

b.

To only a few selected applicants

c.

To all the applicants in proportion to the Shares applied for

d.

Equally amongst the applicants