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What are the dividends in arrears

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Question - Tamarisk Incorporated had 40,700, $1.60 preferred shares issued. It did not pay a dividend to the preferred shareholders in 2020 and 2021.

What are the dividends in arrears, if any, at December 31, 2021, if the shares are cumulative?

What are the dividends in arrears, if any, at December 31, 2021, if the shares are noncumulative?

 

 

Reference no: EM132503945

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