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Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). Open the spreadsheet and perform the required analysis

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Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet $ b. If the company maintains this 25% payout ratio, what will be the current dividend yield on the company's stock? Round your answer to two decimal places. % $ to two decimal places. make more sense for the company to maintain a constant dividend payout ratio or to maintain the same per-share dividend? I. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio. II. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain the same per-share dividend. Dividends

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