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LAM4 upen UIT NOV 30 at 5:0 Sal Tlay Ka Siti Company had the following financial information: Average common stockholders' equity: $596,000 Dividends declared for

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LAM4 upen UIT NOV 30 at 5:0 Sal Tlay Ka Siti Company had the following financial information: Average common stockholders' equity: $596,000 Dividends declared for common stockholders: $138,000 Net income: $201,000 What is the company's Payout Ratio? Select one: a. 33.7% b. 68.7% c. 23.2% d. 100%

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