Points Owning equity or common stock" in a company typically gives the stockholder the following rights: The right to share proportionally in all dividends paid by the firm O A residual claim to the firm's cash flows and its assets in the event of bankruptcy (this residual claim' puts the stockholder last in line behind the IRS, employees, and creditors) O The right to share proportionately, based on percentage ownership in the firm's selling price in the event of a merger or acquisition or the firm by another firm The right to vote on major fimm matters including the election of directors, mergers, and major corporate actions O All of the above None of the above