State which may have a cumulative right to dividends
【参考答案及解析】
Of the four investment forms only shares receive dividends, as debentures receive interest due to the fact that they are forms of loan. Of the share forms only the preference share can carry a right to a cumulative dividend, as ordinary shares only get a return on the profits generated by the company in any particular year.
Of the four investment forms only shares receive dividends, as debentures receive interest due to the fact that they are forms of loan. Of the share forms only the preference share can carry a right to a cumulative dividend, as ordinary shares only get a return on the profits generated by the company in any particular year.