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Bramble Corp. had the following information in its financial statements for the years ended 2017 and 2018: Cash dividends for the year 2018 Net income

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Bramble Corp. had the following information in its financial statements for the years ended 2017 and 2018: Cash dividends for the year 2018 Net income for the year ended 2018 Market price of stock, 12/31/17 Market price of stock, 12/31/18 Common stockholders' equity, 12/31/17 Common stockholders' equity, 12/31/18 Outstanding shares, 12/31/18 Preferred dividends for the year ended 2018 6800 100000 9 1005000 1190000 99100 15000 What is the payout ratio for Bramble Corp. for the year ended 2018? O 8.0% O 21.6% O 14.1% O 6.8%

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