Bivac Company har devcloped a statement of stocktolders' equety for the yeas 2016 as fosows stock tas a par value of 55 per shace. Required: 1. Dofermine the dvidend paysid ratio for the commow isook 2. Defermune the book value per vhare of Divac s common sioch 1. Determine the dividend payout ratio for the common stock. Additional Instruction Dividend payout ratio % 2. Determine the book value per share of Divac's common stock. Bivac Company har devcloped a statement of stocktolders' equety for the yeas 2016 as fosows stock tas a par value of 55 per shace. Required: 1. Dofermine the dvidend paysid ratio for the commow isook 2. Defermune the book value per vhare of Divac s common sioch 1. Determine the dividend payout ratio for the common stock. Additional Instruction Dividend payout ratio % 2. Determine the book value per share of Divac's common stock