Firms may retain large amounts of cash to cover future potential needs that allows a firm to avoid ________

The term "preferred" comes from the fact that preferred shareholders receive all past (if cumulative) and present dividends before common shareholders can receive any cash dividends—in other words,

their dividend claims are preferred over common stock dividend claims. Indicate whether the statement is true or false.

Henry Hutchins is discontent with his job but believes that his supervisor is a good man who will do whatever is necessary to reduce his dissatisfaction with the job. He has decided to just wait and give his supervisor some time until conditions improve. Henry's response to this problem is termed as ________.

A) exit B) voice C) loyalty D) neglect E) ratification