Which of the following is not a common feature of cumulative preferred stock?

Posted by: Pdfprep Category: IIA-CIA-Part3 Tags: , ,

Which of the following is not a common feature of cumulative preferred stock?
A . Priority over common stock with regard to dilution of shares.
B . Priority over common stock with regard to earnings.
C . Priority over common stock with regard to dividend payment.
D . Priority over common stock with regard to assets.

Answer: A

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