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Markus Companys common stock sold for $4.50 per share at the end of this year. The company paid a common stock dividend of $0.63 per

Markus Companys common stock sold for $4.50 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 years financial statements:

Ending Balance Beginning Balance
Cash $ 40,000 $ 40,200
Accounts receivable $ 84,000 $ 63,700
Inventory $ 70,600 $ 84,000
Current assets $ 194,600 $ 187,900
Total assets $ 699,000 $ 755,600
Current liabilities $ 78,000 $ 76,500
Total liabilities $ 184,000 $ 165,600
Common stock, $1 par value $ 152,000 $ 152,000
Total stockholders equity $ 515,000 $ 590,000
Total liabilities and stockholders equity $ 699,000 $ 755,600

This Year
Sales (all on account) $ 980,000
Cost of goods sold $ 568,400
Gross margin $ 411,600
Net operating income $ 263,250
Interest expense $ 13,500
Net income $ 174,825

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%.)

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