Which of the following statements are true regarding Debt or/and Equity? 1) Both represent ownership interest II) If dividends are not paid, shareholders can sue the company and company can go bankrupt III) Dividends are not tax deductible, whereas interest paid on bonds is considered as an expense and has tax benefits. IV) Dividends needs to be paid only if declared by board of directors V) Share holders can vote for the board of directors at annual general meeting A) I and II only B) II. III, and IV only C) IV and V only D) V only E) III, IV and V only COA OB OC OD

Which of the following statements are true regarding Debt or/and Equity? 1) Both represent ownership interest ii) If dividends are not paid, shareholders can sue the company and company can go bankrupt iii) Oividends are not tax deductible, whereas interest paid on bonds is considered as an expense and has tax benefits: IV) Dividends needs to be poid only if declared by board of directors Vh Share holders can vote for the board of directors at annual general meeting NI and II only B) II Iit and tVonly IV and V only D) Vonly tii. IV and Vonly