If a firm has class A and class B common stock outstanding, it means that
A. each class receives a different dividend.
B. the par value of each class is different.
C. the dividend paid to one of the classes is tax deductible by the corporation.
D. one of the classes is non-voting stock.
Answer:D
If a firm has class A and class B common stock outstanding, it means that
A. each class receives a different dividend. B. the par value of each class is different. C. the dividend paid to one of the classes is tax deductible by the corporation. D. one of the classes is non-voting stock.