A criticalissue in understanding the current unemployment Rate
is the labor force participation
Rate. What are trends since 2008
how does this effect current rate?

Option b is correct

Arrears preference dividends = $25,000

Explanation:

Preference shareholders are entitled to a fixed amount of dividends.

Cumulative preference shares: Cumulative simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year.

                                                                                        $

Preferred dividend in year = 2%× 100× 20,000=    40,000

Preferred dividend in year 2 = 2%× 100× 20,000=   40,000

Total dividend accrued to preference shares         80,000

Less  total dividend paid in year 1 and 2                  55,000

Arrears preference dividends                                 25,000

Arrears preference dividends = $25,000