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D Question 5 5.75 pts Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $60,000 in 2020. The weighted average
D Question 5 5.75 pts Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $60,000 in 2020. The weighted average number of shares outstanding in 2020 was 40,000 shares. Ale Corporation's common stock is selling for $60 per share on the New York Stock Exchange. Ale Corporation's payout ratio for 2020 is 16.7% O 6.0% 8.0% 25.0%. Question 12 6 pts Igloo Company reports the following amounts for 2021: Net income: $160,000 Average stockholders' equity: 2,232,758 Preferred dividends: 45,000 Par value preferred stock: 250,000 The 2021 rate of return on common stockholders' equity is: 5.2% 6.6% 5.8%. 7.2%
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