Question: please answer the right answer. check if answers are wrong. Question 2 Your answer has been saved and sent for grading. See Gradebook for score
please answer the right answer. check if answers are wrong.


Question 2 Your answer has been saved and sent for grading. See Gradebook for score details. Preferred shareholders have a priority over common shareholders as to: O voting rights. dividends. O assets in the event of liquidation. O both dividends and assets in the event of liquidation.Question 3 Ursula Company declared dividends of $20,000 in fiscal 2017 and paid the $42,000 dividends that were declared in fiscal 2016. Ursula paid the 2017 dividends in early fiscal 2018. How much dividends should the company report in the statement of retained earnings in 2017? $62,000 $20,000 $42,000 O $0
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