Respuesta :
Scott has a life insurance policy in which the dividends are left with the insurance company. this particular policy may be paid up when the cash value plus accumulated dividends equal the net single premium for the same face amount at the insured's attained age
A dividend that has not yet been paid to the shareholder on a share of cumulative preferred stock is known as an accumulated dividend. Cumulative preferred stock investors get their dividends before other stockholders do.
Cumulative Dividend Formula = Preferred Dividend Rate X Preferred Share Par Value
Preferred Dividend Rate = The rate set by the corporation at the time of share issuance.
Preferred shares = Preferred Shares Par Value. Depending on the terms of the issue, the dividend rate may be either fixed or fluctuating.
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