-23 Tue 23 Jun docs.google.com ATECO Company has the following financial information for the years 2018 and 2019. Year 2018 2019 Net Income $360,000 $420,000 Shares outstanding 150,000 150,000 Sales $1,245,000 $1,350,000 Capital Budget $500,000 $600,000 Equity ratio 40% SON 1- The company dividend payout ratio for 2018 is: 72% 44.44% 40.1% 28.91% None of the above 2- The company dividend payout ratio for 2019 is: 28.57% 31.11% 44.44% 70% None of the above 3- The company dividends paid in 2019 compared to dividends paid in 2018 is: That's (dividend paid in 2019 - dividend paid in 2018) Greater by $60,000 Greater by $40,000 Less by $100,000 Less by $60,000 None of the above 4- If the company in 2019 decided to increase its capital budget to $1,150,000 and pay out dividends for 60% then the external equity needed is: * $1,247,000 $827,000 $575,000 $407,000 None of the above 5- If the company in 2019 decided to pay out dividends for 25% only, and then make a split 7-for-5 then the dividend per share after split is: $1.4 $0.98 $0.7 $0.5 None of the above 6- If the company in 2019 decided to pay out dividends for 25% only, and then make a split 7-for-5 then the number of shares after split is: 37,500 shares 52,500 shares 107,143 shares 210,000 shares None of the above