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Markus Company's common stock sold for $3.50 per share at the end of this year. The company paid a common stock dividend of $0.63 per

Markus Company's common stock sold for $3.50 per share at the end of this year. The company paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Ending Balance $ 35,000 Beginning Balance $ 34,000 $ 70,000 $ 60,700 $ 165,700 $ 557,000 $ 67,500 $ 55,000 $ 70,000 $ 159,000 $ 586,800 $ 55,500 $ 136,800 $ 152,000 $ 133,000 $ 133,000 $ 405,000 $ 450,000 $ 557,000 $ 586,800 This Year $ 825,000 $ 478,500 Cost of goods sold Gross margin Net operating income Interest expense Net income $ 346,500 $194,250 $ 10,500 $ 128,625 3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.) Dividend payout ratio Dividend yield ratio

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