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5. assets generate net income to the economy, and assets define allocation of income among investors a. Financial, financial b. Financial, real c. Real, real

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5. assets generate net income to the economy, and assets define allocation of income among investors a. Financial, financial b. Financial, real c. Real, real d. Real, financial e. None of the above 6. Which one of the following is a true statement? a. Dividends on preferred stocks are tax- deductible to individual investors but not to corporate investors. O b. Preferred stockholders have voting power C. Investors can sue managers for nonpayment of preferred dividends d. Common dividends cannot be paid if preferred dividends are in arrears on cumulative preferred stock O e. None of the above

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