Examlex
If weak aggregate demand is pushing the economy into recession,which of the following must be true?
Date of Declaration
The specific date on which a company's board of directors announces its intention to pay a dividend to shareholders.
Cumulative Preferred Stock
A type of preferred stock where dividends accumulate if not paid in a given year, and must be paid out before common stock dividends.
Par Common Stock
The nominal or face value assigned to common stock by the issuing company.
Cumulative Preferred Stock
A type of preferred stock where dividends accumulate if not paid in a given period and must be paid out before common dividends can be distributed.
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