Preferred Stock May Be Desirable to Issue for Which of the Following

Preferred stock may be desirable to issue for which of the following reason(s) ?

A) If there is no taxable income, preferred stock does not impose a tax penalty.
B) The failure to pay preferred dividends, cumulative or noncumulative, will not cause bankruptcy.
C) Preferred dividends are not tax deductible and therefore will not provide a tax shield but will reduce net income.
D) Both the failure to pay preferred dividends, cumulative or noncumulative, will not cause bankruptcy; and preferred dividends are not tax deductible and therefore will not provide a tax shield but will reduce net income.
E) Both if there is no taxable income, preferred stock does not impose a tax penalty; and the failure to pay preferred dividends, cumulative or noncumulative, will not cause bankruptcy.