Which feature is not applicable to common stock ownership'.' a. right to receive dividends before preferred stock

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Which feature is not applicable to common stock ownership'.'

a. right to receive dividends before preferred stock shareholders

b. right to participate in management through voting

c. right to receive residual assets upon liquidation of the company

d. All of the above are features of common stock ownership.

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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