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COGNITIVE ASSESSMENT If you are looking for an online social network that allows you to share messages and interests with family and friends, which of the following is the best match for you?
Cumulative Preferred Shares
Preferred stock where dividends accumulate if not paid in a given period and must be paid out before any dividends can be paid to common stockholders.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock that must be paid before any dividends can be paid to common shareholders.
Dividend Payable
A liability recorded on the balance sheet for dividends declared by the company but not yet paid to shareholders.
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