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begin{tabular}{|l|r|r|} hline Assets & Year 1 & multicolumn{1}{|c|}{ Year 2 } hline Cash & $10.00 & $15.00 hline Accounts Receivable & $150.00 &

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\begin{tabular}{|l|r|r|} \hline Assets & Year 1 & \multicolumn{1}{|c|}{ Year 2 } \\ \hline Cash & $10.00 & $15.00 \\ \hline Accounts Receivable & $150.00 & $200.00 \\ \hline Inventories & $200.00 & $250.00 \\ \hline Current Assets & $360.00 & $465.00 \\ \hline Gross Plant \& Equipment & $1,000.00 & $1.100.00 \\ \hline Less: Depreciation & $500.00 & $555.00 \\ \hline Net Plant \& Equipment & $500.00 & $545.00 \\ \hline Total & $860.00 & $1,010.00 \\ \hline \end{tabular} Calculate the firm's dividend payout rate for Year 2 . (Hint: Dividend payout rate = (dividends per share) / (earnings per share) 33.33% 11.11% 55.55% 22.22% 44.44%

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