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Holders of common stock must be aware of possible restrictions on common dividends when preferred stock...

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Accounting

Holders of common stock must be aware of possible restrictionson common dividends when preferred stock is

Convertible

2)

Callable

3)

Noncumulative

4)

Cumulative

Answer & Explanation Solved by verified expert
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Holders of Common stock must be aware of possible restrictions on common dividends when the preferred stock is Cummulative Explanation is as follows 1 In case of cumulative preferred stock the company must keep track of the dividend which it has decided not to pay its    See Answer
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