Examlex
Listed below are five terms followed by a list of phrases that describe or characterize each of the terms.Match each phrase with the correct term.
Sufficient Cash
A condition where a company has enough liquid funds to meet its immediate and short-term obligations.
Cumulative Preferred Stock
Cumulative Preferred Stock is a type of preferred stock where dividends accumulate if not paid in a given year, prioritizing these dividends over common stock dividends in future payments.
Annual Dividend
The total dividend payment a company distributes to its shareholders for a year, often quoted on a per-share basis.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.
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