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Business, 02.12.2019 19:31 katet2965

Lakeland, inc. has 25,000 shares of 6%, $100 par value, noncumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2018. there were no dividends declared in 2017. the board of directors declares and pays a $250,000 dividend in 2018. what is the amount of dividends received by the common stockholders in 2018? $0 $150,000 $250,000 $100,000

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