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Calculate the payout ratio, earnings per share, and return on common stockholders equity. decimal place. 17.5%.) Payout rati

The stockholders equity accounts of Swifty Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par no

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2200,000 - 11000 11000 - 2200 Answer Pagendo Payout ratio Dividends - 2900,000 -11000 +11000 – 22c0) < $0.50 Dividends -0 44Net income = $515000 Page No ③ Average number of shares - Opening common stock + closing comoraons stock (1,200,000 - 11000)4 Page No ③ Relar com a common stockhol dezs equity Net Encome = $515000 Porbered dividend = $46000 Average equity - OpeningPage. No = $ 4927100 4681600 + 4927100 Average equiling = 9608700 9608700 = $4804350 . Nel income - Preferred dividend Return

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