English

Select the correct answer from the options given below and rewrite the statement. The accumulated dividend is paid to ______ preference shares.

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Question

Select the correct answer from the options given below and rewrite the statement.

The accumulated dividend is paid to ______ preference shares.

Options

  • redeemable

  • cumulative

  • convertible

MCQ
Fill in the Blanks
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Solution

Accumulated dividend is paid to cumulative preference shares.

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Sources of Owned Capital - Shares
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Chapter 2: Sources of Corporate Finance - Exercises [Page 34]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. A) 7. | Page 34
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