Question: Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: Par value and dividends. The preemptive right

over common stock. These preferences relate to: Par value and dividends. The

Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: Par value and dividends. The preemptive right and voting rights. Dividends and voting rights. Dividends and distribution of assets if the corporation is dissolved. When Johnson and Johnson purchased a patent, what section of the Statement of Cash Flows would be used to show the cash impact of the patent purchase? Investing Operating Leases Financing Bonds Notes: Noncash activity

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