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30 Mar Which of the following statements is correct? i. Creditors have the priority over common shareholders to collect unpaid payments. ii. Both preferred shareholders

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30 Mar Which of the following statements is correct? i. Creditors have the priority over common shareholders to collect unpaid payments. ii. Both preferred shareholders and common shareholders have voting rights because they both hold equity. iii. The dividend payment for preferred shareholders is tax-deductible but the dividend payment for common shareholders is not. O a. All statements are incorrect. O b. Both i and ili are correct. c. Only iis correct. d. Both i and ii are correct. O e. Only it is correct

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