Examlex
Explain the reasons why the AD curve slopes downward.
Cumulative
Refers to the aggregate total of items or figures collected over a period of time, often used to describe the total amount of dividends or interests.
Dividends in Arrears
Dividends on cumulative preferred stock that have not been paid in the period they were due.
Authorized Shares
The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.
Total Capital
The sum of a company's debt and equity, representing the total funds available to the business for use.
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