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Business, 11.11.2019 18:31 aloading2256

Which of the statements below is false?

a. shareholders elect the board of directors, which ultimately selects the management team that runs the dayminus−tominus−day operations of the company.

b. common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim.

c. the profits for common stock owners come before payment toemployees, suppliers, government, and creditors.

d. stock is a major financing source for public companies.

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Which of the statements below is false?

a. shareholders elect the board of directors, w...
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