Common stockholders typically do not have voting rights 1) False 2) True Question 2 (Mandatory) (7.14286 points) Consider the following four types of payments that could be made by a normal operating firm: interest, common dividends, income taxes, and preferred dividends. Compared to the other payments mentioned, where would you rank income taxes payments in terms of the order of payment based on the income statement? 1) first 2) second 3) fourth 4) third Consider the following three groups of investors of a firm: common stockholders, preferred stockholders, and debtholders. Among these three groups of investors, where would you rank preferred stockholders in terms of the order of claim on this firm's assets provided it filed for bankruptcy? 1) third 2) first 3) second 4) cannot be determined Question 4 (Mandatory) (7.14286 points) If firm's earnings rise, preferred stockholders may not benefit from this. 1) True 2) False