Which of the following is a false statement regarding common stock and preferred stock? Preferred stockholders will not receive a dividend if a firm does not pay its promised common stock dividends Common stockholders share in the residual profits of the firm, whereas preferred stockholders do not None; these are all true statements Common stockholders will not receive a dividend if a firm does not pay its promised preferred stock dividends Common stockholders have voting rights at shareholder meetings, while preferred stockholders do not Question 19 2 pts Some firms choose to create dual or multiple classes of common stock. The explanation is most likely due to: Preservation of voting control for certain shareholders Exchange listing requirements NASDAQ bylaws Minority shareholder freezeout provisions Paying for mergers and acquisitions