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8 of 30 Which of the following statements is NOT correct? Mark a. Common shareholders are the real owner of the firm. ob. Preferred shares

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8 of 30 Which of the following statements is NOT correct? Mark a. Common shareholders are the real owner" of the firm. ob. Preferred shares typically have a fixed dividend, where as the dividend for common shares is determined by a firm's board of directors every year. O c. In case of bankruptcy and liquidation of assets, common shares have priorities over preferred shares to claim their dividend. O d. A firm's residual earnings technically belong to the common shareholders. O e. Preferred shares have less voting rights than common shares. Unsure

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