Which following state is true about the common stock dividend?

Group of answer choices

When the net income of the firm is positive, it should pay dividend to common stockholders.

A firm can cancel the dividend payment with no loss even if the board of director announced the dividend payment to the public.

For most cases, common stock dividend is not deductible for corporate tax purposes.

Corporations that own stock in other corporations are taxed on all the dividends they receive.