Which TWO of the following statements regarding preference shares are correct?
(1) A company is compelled to pay dividends on preference shares every financial year
(2) Preference shares do not normally entitle the shareholder to vote in company meetings
(3) Preference shareholders usually have a right to have their capital returned in the event of a liquidation ahead of ordinary shareholders
(4) In the event of a liquidation, preference shareholders have the right to share in any surplus assets ahead of the ordinary shareholders