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Brooks Sporting Inc. is prepared to report the following 2 0 1 6 income statement ( shown in thousands of dollars ) . Sales $

Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars).
Sales $14000
Operating costs including depreciation 10080
EBIT $3920
Interest 330
EBT $3590
Taxes (40%)1436
Net income $2154
Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 560000 shares of stock outstanding, and its common stock trades at $57 per share. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
Open spreadsheet
The company had a 50% dividend payout ratio in 2015. If Brooks wants to maintain this payout ratio in 2016, what will be its per-share dividend in 2016? Round your answer to the nearest cent.
$ fill in the blank 2
If the company maintains this 50% payout ratio, what will be the current dividend yield on the company's stock? Round your answer to two decimal places.
fill in the blank 3
%
The company reported net income of $1.95 million in 2015. Assume that the number of shares outstanding has remained constant. What was the company's per-share dividend in 2015? Round your answer to the nearest cent.
$ fill in the blank 4
As an alternative to maintaining the same dividend payout ratio, Brooks is considering maintaining the same per-share dividend in 2016 that it paid in 2015. If it chooses this policy, what will be the company's dividend payout ratio in 2016? Round your answer to two decimal places.
fill in the blank 5
%\table[[1,Dividends,,],[2],[3,Dollars in Thousands:,,],[4,Tax rate,40.00%,],[5,Operating cost %,72.00%,],[6,Common shares outstanding,560,000,],[7,Common stock price,$57.00,],[8,Dividend payout ratio,50.00%,],[9],[10,Sales,$14,000,],[11,Operating costs,10,080,],[12,EBIT,$3,920,],[13,Interest,330,],[14,EBT,$3,590,],[15,Taxes,1,436,],[16,Net income,$2,154,],[17],[18,Calculation of current per share dividend:,,Formulas],[19,DPS, current year,,#NA
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