Which among the following statements are correct? Statement No 1 - if the prefetted stock is cumulative and it such dividend is not paid in a particular year, wuch and childerd become dividend in arrears Statement No 2 If a company issues dividends, pretested stockholders are paid the civiconds. Both statements are correct Statement No 1 is correct Al Marduf LLC manufactures a line of equipment that it sells to wholesalers. The company sold 4,04 Statement No 2 is correct waruarantee if the equipment fails. Based on experience, 10% of the items sold will have no dete. None of the statements are corect