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Double pipe heat exchangers are preferably useful, when
IFRS
International Financial Reporting Standards, a set of accounting guidelines that provide the basis for financial reporting across many countries globally.
Noncumulative
Pertaining to dividends on preferred stock where missed dividends are not required to be paid back to shareholders in future payments.
Preferred Stockholders
Individuals or entities that own shares of preferred stock in a company, granting them certain privileges over common stockholders, such as fixed dividends and priority in asset distribution upon liquidation.
Dividend
A portion of a company's earnings distributed to its shareholders, usually in the form of cash or additional stock.
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