AP11-18B (P/E, dividend payout, dividend yield and ROE) OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $40.93 and $38.20 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.477 and $0.415 for 2020 and 2019, respectively OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement Total revenues Total cost of revenues Total operating expenses Net income Statement of Financial Positionn Total assets Total liabilities Common share capital Total shareholders' equity Weighted average number of commons shares outstanding 2020 2019 $1,824,228 574,000 881,665 S 284,477 $2,291,057 762,391 1,175,734 $1,025,659 2020 $7.480.562 3,947.243 1,439.850 $3,533,319 2019 $5,154.144 3.774.947 817,788 $1,978,656 242,926 253,879 Required a. Calculate the return on shareholders' equity for OCloud in 2020. Note that OCloud's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. What information does your calculation provide an investor? b. Calculate earnings per share and the price/earnings ratio for the years 2020 and 2019. What does your calculation indicate about OCloud's earnings? c. Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. What do the results ratico of these ratios tell us about OCloud