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When preferred stock is cumulative, preferred dividends not declared in a period are
When preferred stock is cumulative, preferred dividends not declared in a period are called dividends in arrears.
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Asked 2/11/2013 6:26:29 PM
Updated 10/24/2018 1:35:14 AM
1 Answer/Comment
Flagged by emdjay23 [10/24/2018 12:28:36 AM], Unflagged by jeifunk [10/24/2018 1:35:11 AM], Edited by jeifunk [10/24/2018 1:35:14 AM]
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When preferred stock is cumulative, preferred dividends not declared in a period are called dividends in arrears.
Added 10/24/2018 12:28:36 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [10/24/2018 1:35:15 AM]
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In performing a vertical analysis, the base for sales revenues on the income statement is
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