question 8 which of the following is true regarding preferred stock? owners have voting rights. owners are…
question 8 which of the following is true regarding preferred stock? owners have voting rights. owners are not taxed on capital gains. owners are paid last. owners may have to sell the stock back to the company.
Answer
Brief Explanations:
Preferred - stock owners usually don't have voting rights. They are also not exempt from capital - gains tax. In liquidation, they are paid before common - stock owners, not last. Some preferred stocks are callable, meaning the company can buy them back from the owners.
Answer:
D. Owners may have to sell the stock back to the company.