Accountancy, asked by vardhan67, 2 months ago

What do u mean by Cumulative Preference shares ??? ​

Answers

Answered by dikshapal75399
2

Answer:

cumulative preference shares are regular preference shares with one additional benefit. The extra advantage here is that the holders of these shares have the right to receive dividends even if the issuing company has missed out on paying them in the past.

hope this will help you

Answered by CutegirlMaha
0

Answer:

hii

Explanation:

In short, cumulative preference shares are regular preference shares with one additional benefit. The extra advantage here is that the holders of these shares have the right to receive dividends even if the issuing company has missed out on paying them in the past

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