Describe the payout ratio (refer to chapter 11 of the textbook). Explain the factors used in the formula, how the ratio assists the investor in evaluating a companys performance, and whether it assesses liquidity, solvency, or profitability. Using the numbers in the recent Balance Sheet (Statements of Financial Position) and Income Statement (Statement of Operations) of a U.S. public corporation (state page numbers from the Form 10-K Annual Report), show your calculation and analyze the payout ratio for a public corporation and its competitor. Describe if the company is doing well compared to its competitors ratio results.