CALCULATOR PRINTER VER TO 4 RACE Multiple Choice Question 14 Waterway Corporation had net income of $225000 and paid dividends to common stockholders of $27000 in 2019. The weighted average number of shares out tanding in 2019 was 51000 shares. Waterway Corporation's common stock is selling for $50 per share on the New York Stock Exchange. Waterway Corporation's payout ratio for 20 is 10.7% 50.5 per share. 22.7% 12.05