Which one of these statements related to preferred stock is correct? Select one: O a. Preferred shareholders determine the outcome of any election that involves a proxy fight. b. Cumulative preferred shares are more valuable than comparable noncumulative shares because cumulative dividends can be carried over to the next year as arrearage if not paid in a particular year. c. Preferred shareholders normally receive one vote per share of stock owned. d. Preferred shareholders are considered to be the residual owners of a corporation. e. Preferred shareholders normally do not receive dividends