Question: When a dividend is not declared on preferred stock, and the common shareholders cannot receive a dividend unst all past and current dividends are paid

When a dividend is not declared on preferred stock, and the common shareholders cannot receive a dividend unst all past and current dividends are paid to the preferred shareholdert, the preferred stock is:

Multiple Chaice

cumulative.

noncumulative.

23

50

When a dividend is not declared on preferred

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