Preferred stock may have priority over common (LO stock except in: (a) dividend preference. (b) preference to

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Preferred stock may have priority over common (LO stock except in:

(a) dividend preference.

(b) preference to assets in the event of liquidation.

(c) cumulative dividends.

(d) voting.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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