Question: TB MC Qu . 1 3 - 1 2 6 ( Static ) When preferred stock is cumulative... When preferred stock is cumulative and the

TB MC Qu.13-126(Static) When preferred stock is cumulative...
When preferred stock is cumulative and the directors either do not declare a dividend to preferred stockholders or declare one that does not cover the total amount of the cumulative dividend, the unpaid dividend amount is called:
Multiple Choice
Common dividends.
Dividends in arrears.
Stock dividends.
Retained earnings.
Noncumulative dividends
TB MC Qu . 1 3 - 1 2 6 ( Static ) When preferred

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