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

image text in transcribed Excel Online Structured Activity: Dividends Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet $ b. If the company maintains this 50% payout ratio, what will be the current dividend yield on the company's stock? Round your answer to two decimal places. % $ answer to two decimal places. 6 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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