Pharoah Company has $27000 of dividends in arrears. Based on this information, which of the following statements ka tase? Dividends in areas are not considered to be liabilities The amount of dividend in arrears should be disclosed in the notes to the financial statements An obligation for dividends in area istoryater the board of director declares payment The investment community looks favorably on companies with dividends in arrears since the money is redirected toward more important growth opportunities