C D Question 32 Common stockholders have a claim on the company's earnings never. Common stockholders have no claim on the company's earnings. at any time, equal to the value of their shares. after the claims of the preferred stockholders have been satisfied, but before the debt holders. Jap only after the claims of debt holders and preferred stockholders have been satisfied. Question 33 If a stock has a much higher than normal P/E ratio, investors probably expect 2.5 Points 2.5 Points