Indicate Whether Each of the Following Statements About Stockholders' Equity

Short Answer

Indicate whether each of the following statements about stockholders' equity is true or false.
_____ a) Preferred stockholders generally have a preference to assets when the company is liquidated.
_____ b) Preferred stockholders generally have a preference to dividends.
_____ c) Preferred stock carries voting rights that gives the preferred stockholders greater power in the corporation's decision making process than common stockholders have.
_____ d) Preferred stockholders generally receive a set or fixed amount of dividends.
_____ e) If a corporation has issued non-cumulative preferred stock, common stockholders may receive lower dividends than if the corporation has issued cumulative preferred stock.