1. Preferred dividends are based on the total ______________of the outstanding shares. 2. ______________ preferred stock means that preferred shareholders will participate with common shareholders in...

1. Preferred dividends are based on the total ______________of the outstanding shares.

2. ______________ preferred stock means that preferred shareholders will participate with common shareholders in any excess dividends.

3. For corporate investors, dividends received are subject to a(n)_________________ dividend exclusion.

4. A(n) _________________statement gives management the right to vote common stockholders’ shares.