True or false

1. Common stockholders are usually permitted to vote for a corporation's board of directors, but preferred stockholders are not. 2. Earnings per share is one of the most watched metrics of a corporation. 3. Preferred dividends must be paid annually. 4. A corporation with stock options had to report diluted earnings per share. 5. A small stock dividend will typically result in a smaller debit to retained earnings than a large stock dividend. 6. It is not possible for a corporation to have more outstanding shares of stock than authorized shares of stock. 7. Most companies choose a relatively large par value for their stock. 8. Preferred stockholder dividends are paid before common stockholder dividends. 9. One reason a company might repurchase its own stock is to protect against a hostile takeover. 10. Anyone not a stockholder on the date of declaration of a dividend will not be eligible to participate in that dividend. 11. _Referring to dividends, the term "in arrears" refers to the fact that the date of declaration and the date of payment are not the same