Assume that you are purchasing an investment and have decided to invest in a company in the digital phone business. You have narrowed the choice to Digitalized Corp. and Very Network, Inc. and have assembled the following data.

$($Click to view the income statement data,$)$

$($Click to view the balance sheet and market price data $.)$

Price$/$earnings ratio $=$

Now, compute the price$/$earnings ratio for both companies. $($Round interim and final answers to two ded

$\backslash$table$[[$Digitalized Very Network$],[$Price$/$earnings ratio$]]$

Requirement $1g.$ Compute the dividend payout for both companies for the current year

Begin by selecting the formula to compute the dividend payout:

Dividend payout

Now, compute the dividend payout for both companies. $($Round interim answers to two decimal places,

$\backslash$table$[[,$ninitalized,Very Network$],[,\%,1\%$