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Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). the Microsoft Excel Online file below. Open the

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Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet a. The company had a 30% 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. $ b. If the company maintains this 30% payout ratio, what will be the current dividend yield on the company's stock? Round your answer to two decimal places. % cent. $ ratio in 2016? Round your answer to two decimal places. % equity. Given this scenario, would it 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 the same per-share dividend. II. 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

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