Many firms in a particular industry strive to have very similar capital structures

Common stockholders usually have more dividend rights than preferred stockholders

Indicate whether the statement is true or false.

Joshua just resigned from his job as an information technology specialist at a leading manufacturing firm in the United States. He wants to make a financial plan to manage the money he saved and the property he has acquired over the past few years

The first thing he needs to do is what?a. create a budget b. make a list of financial goals c. create a balance sheet d. pay himself first