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Ayayai Corp. had net income of $1680000 and paid dividends to common stockholders of $336000 in 2022. The weighted average number of shares outstanding in

Ayayai Corp. had net income of $1680000 and paid dividends to common stockholders of $336000 in 2022. The weighted average number of shares outstanding in 2022 was 840000 shares. Ayayai Corp. common stock is selling for $50 per share on the NASDAQ. Ayayai Corp. payout ratio for 2022 is

A. $2 per share.

B. 20%.

C. 5%.

D. 31%.

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