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If preferred shares are cumulative, the a. preffered shareholders and the common shareholders receive the same total dollar amount of dividends. b. preferred shareholders and
If preferred shares are cumulative, the
a. preffered shareholders and the common shareholders receive the same total dollar amount of dividends.
b. preferred shareholders and the common shareholders receive equal dividends.
c. preferred dividends not declared in a given year are called dividends in arrears.
d. common shareholders will share in the preferred dividends.
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