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Salsk061 [2.6K]
3 years ago
10

Which type of stock pays a fixed dividend, receives first priority in dividend payment, and maintains the right to a dividend pa

yment, even if that payment is deferred
Business
1 answer:
sergeinik [125]3 years ago
7 0

Answer:

Cumulative preferred

Explanation:

Cumulative preferred stock pays a fixed dividend, receives first priority in dividend payment, and maintains the right to a dividend payment, even if that payment is deferred.

This means that in cumulative preferred stock, If the past dividends was excluded for any reason, they should be paid to the preferred stockholders instead of the common shareholders.

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Radison Enterprises sells a product for $102 per unit. The variable cost is $58 per unit, while fixed costs are $758,912. Determ
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Answer:

Results are below.

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3 years ago
Gina writes and signs a check payable to "Happy Market." Irma, Happy’s manager, indorses the check "For deposit only." This is
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c.a restrictive indorsement.

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