Question: Completely wrong about this one.^ Please help! Johnlee Cor oration has 000 shares o 7%, S10 par cumulative prefer ed stock and 50.000 shares of

Completely wrong about this one.^ Please help! Johnlee Cor oration has

Completely wrong about this one.^ Please help!

Johnlee Cor oration has 000 shares o 7%, S10 par cumulative prefer ed stock and 50.000 shares of common stock outstandin Johnlee declares a total dividend of $48,000. How much of the dividends go to the common stockholders? ohnee declaredno d ends in 2012 and had no d idends n arrears prior 20 7. In 2018, -20 O A. $48,000 B. S40.300 O C. S32,600 D. None; it all goes to preferred stockholders

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