When a company has issued both preferred and common stock, the common stockholders receive their dividends first

Indicate whether the statement is true or false

FALSE

Business

You might also like to view...

Which of the following inventories carried by a manufacturer is similar to the merchandise inventory of a retailer?

a. Raw materials. b. Work-in-process. c. Finished goods. d. Supplies.

Business

Identify the principle that admonishes a manager to treat employees as ends in themselves and not to manipulate them simply as factors of production for the self-interested ends of the company

A. The disclosure rule B. The Doctrine of the Mean C. The practical imperative D. The organization ethic

Business