Question: 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

When preferred stock is cumulative and the directors either do not
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
Retained earnings.
Stock dividends.
Common dividends.
Noncumulative dividends
Dividends in arrears.
declare a dividend to preferred stockholders or declare one that does not

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