Examlex
The "Cycle of Failure" includes all of the following EXCEPT ____________.
Dividends in Arrears
Dividends on cumulative preferred stock that have not been paid in the period they were due.
Authorized Shares
The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.
Total Capital
The sum of a company's debt and equity, representing the total funds available to the business for use.
Cash Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
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