QUESTION 4 Which of the following is true? if a company files for bankruptcy, preferred shareholders claims are paid prior to creditors claims Ota company files for bankruptcy preferred shareholders claims are paid prior to common shareholders claims in the event of bankruptcy and subsequent liquidation, preferred shareholders only receive funds after creditors and comenon shareholders Olfacompanyes for bankruptcy preferred shareholders claims are paid prior to managers dans QUESTIONS Agency costs referto the costs associated with managing the demands of federal agencies the costs involved when converting an entity from a proprietorship to a corporation the costs that arise due to conflicts of interest between Strecident and managers The costs associated with managing customer