Examlex
How do the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit center?
Cash Flow
The total amount of money being transferred into and out of a business, primarily affecting the company's liquidity.
Dividends in Arrears
Unpaid dividends on preferred stock, which must be paid out before any dividends can be distributed to common stockholders.
Dividend Declaration
The action by a company's board of directors to set the amount and date of a dividend payment to shareholders.
Noncumulative
Pertaining to dividends or preferred stock where undeclared or unpaid dividends do not accumulate and are not owed in future periods.
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