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Preferred stock has a preference as to dividends O has a preference as to assets in the event of a liquidation O usually does not

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Preferred stock has a preference as to dividends O has a preference as to assets in the event of a liquidation O usually does not have voting rights O all of the above QUESTION 16 Entity A has the following Income Statement in millions): Entity A. Income Statement For the Year Ended December 31, 2022 Net Sales Cost of Goods Sold Gross Profit Operating Expenses $240 100 ? 80

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