Bissoy.com
Doctors Medicines MCQs Q&A

  1. non-participating preferred stock
  2. participating preferred stock
  3. non-cumulative preferred stock
  4. cumulative preferred stock
6 views

1 Answers

Answer: Option 3

Type of preferred stock whose dividend payments are never paid to stock holders and are not considered in in arrears is classified as non-cumulative preferred stock. Noncumulative preferred stock is a type of preferred stock that allows the issuing company to skip dividends and which then cancels the company's obligation to eventually pay those dividends.

6 views

Related Questions