Preferred stock is a special form of stock having a fixed ...

[Diane]

Preferred stock is a special form of stock having a fixed periodic dividend that must be paid prior to payment of any interest to outstanding bonds.
 
  Indicate whether the statement is true or false

Question 2

Non-cash charges are expenses that involve an actual outlay of cash during the period but are not deducted on the income statement.
 
  Indicate whether the statement is true or false

[briezy]

Answer to Question 1

FALSE

Answer to Question 2

FALSE