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Marigold Corp. had net income of $105800 and paid dividends of $49500 to common stockholders and $16500 to preferred stockholders in 2020. Marigold Corp.'s common

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Marigold Corp. had net income of $105800 and paid dividends of $49500 to common stockholders and $16500 to preferred stockholders in 2020. Marigold Corp.'s common stockholders' equity at the beginning and end of 2020 was $885000 and $1380000, respectively. Marigold Corp.'s payout ratio for 2020 was 4.95% O 15.25%. 43.85% 46.79%

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