5) The following is summary of Information presented on the financial statements of a company on December 31, 2017. 5) Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Expense Net Income 2017 $606,000 450,000 $156,000 52.000 $104,000 37,000 $67.000 2016 $504,000 400,000 $104,000 56,000 $48,000 23.000 $25.000 (Round your answer to two with respect to net income, a horizontal analysis reveals decimal places.) A) a 168.00% decrease in net income B) that net income is 168.00% of net sales revenue C) a 168.00% increase in net income D) a $25,000 increase in net income 6) Edelman, Inc. provides the following information for 2017: 6) Net Income Market price per share of common stock Dividends paid Common stock outstanding at Jan 1, 2017 Common stock outstanding at Dec 31, 2017 $290,000 $40.00/share I $2.00/share 140,000 shares 150,000 shares The company has no preferred stock outstanding. Calculate the dividend payout ratio. (Round any intermediate calculations and your final answer to two decimal places.) A) 40.00% B) 96.62% C) 50.00% D) 100.00%