Question 33 Preferred stock can have many features. Which of the following is/are a potential feature(s) of Preferred stock? 1. Shares can be converted into common stock II. Shares are held as a liability on the balance sheet III. Shares can be redeemed by the corporation at a fixed price IV. Shares can accumulated dividends and pay dividends in arrears All of the above A. B. only . I, III, and IV only III and IV only D Question 44 The following information is taken from a company financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of common stock Payment of cash dividends Purchase of equipment $24,000 $7,000 $13,000 $15,000 $49,000 $3,000 $30,000 Using the information above, what is net cash flows from financing activities? $49,000 OA. B. ($46,000) ($3,000) O C. D. $46,000