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Fill in the blanks (i) & (ii) Holders of (i) preference shares are entitled to higher fixed dividend payments if the company decide to pay
Fill in the blanks (i) \& (ii) Holders of (i) preference shares are entitled to higher fixed dividend payments if the company decide to pay ordinary shareholder a special dividend. However, if the preference shares are (ii) the dividends that are not paid would not accrue to the next period or subsequently paid. Select one: a. (i) Participating; (ii) Cumulative b. (i) 1st-ranking; (ii) Non -cumulative c. (i) Redeemable; (ii) non-participating d. (i) Participating; (ii) Non-cumulative e. (i) Non-participating; (ii) Non-cumulative
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