Which following state is true about the common stock dividend? A firm can cancel the dividend paymenk with no loss Even it the boand of director announced the dividend poyment to the public. Cocporations that own stock in other corporations are taxed on ail the dividends they receive- When the net income of the firm is positive, it should pary dividend to common stockholders. For mast cases, common stock dividend is not deductible for corperate tax purposes Question 10 2pts Which statement is true about the preferred stocks? The board of directors may decide not to pay the dividends on preferred shures cven the nat income in that year is positive. All the preferred stocks have par values of 5100 per shares similac to that all the bonds have pat yalues of $1,000 Under no condition can the preferred stockholders have voting rightit. Preferred stock is a hybridia eross between a commanstock and a bond-in the sense that if pays dividenits that normally increase annualiy eilke a stock, but its payments are contractualfy garanteed (ilike interest on a bond)