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

exams IIA-CIA-Part3-3P V1 IIA-CIA-Part3-3P exam 0 Comments

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