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If preferred dividends are limited to the stated rate of dividend, the preferred stock is B. nonparticipating. C. cumulative. D. noncumulative.

If preferred dividends are limited to the stated rate of dividend, the preferred stock is B. nonparticipating. C. cumulative. D. noncumulative.
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If preferred dividends are limited to the stated rate of dividend, the preferred stock is

B. nonparticipating.
C. cumulative.
D. noncumulative.

asked
User Neini Amanda
by
8.5k points

2 Answers

0 votes
I am pretty sure that it is cumulative

answered
User Jasdefer
by
8.2k points
2 votes

For future visitors Cumulative is incorrect.

answered
User Sayo Komolafe
by
8.4k points
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