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Your answer is incorrect. Try again. Calculate the payout ratio, earnings per share, and return on common stockholders equitProblem 11-02A (Part Level Submission) The stockholders equity accounts of Blue Spruce Corp. on January 1, 2022, were as folBLUE SPRUCE CORP. Partial Balance Sheet December 31, 2022 Stockholders Equity Paid-in Capital Capital Stock 2,652,00 Common

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Solution : • Payout Ratio - Dividend Paid * Net Earning for the Period X100 - $323, too Xloo $730,000 = 44.348547 1or = 44.3%WH-1 Poeffered Dividend = $780,000 X 7% = $54,600 ** Obening common shares outstanding >> $2600000 - 13.000) = lshares 1650WN-3 Opening Stockholders Equity (common) = opening balance of + operung Balance of 1 Opening Bulance opening Common Equity

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