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Which of the following statements is correct? O a. Afirm's residual earnings technically belong to the preferred shareholders. Ob. Preferred shareholders are the real owner
Which of the following statements is correct? O a. Afirm's residual earnings technically belong to the preferred shareholders. Ob. Preferred shareholders are the real owner of the firm. O c. Preferred shares typically have a fixed dividend, where as the dividend for common shares is determined by a firm's board of directors every year. O d. Preferred shares have more voting rights than common shares. oe. In case of bankruptcy and liquidation of assets, common shares have priorities over preferred shares to claim their dividend
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