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Metlock, Inc. had net income of $130000 and paid dividends of $35000 to common stockholders and $24000 to preferred stockholders in 2020. Metlock, Inc.'s common

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Metlock, Inc. had net income of $130000 and paid dividends of $35000 to common stockholders and $24000 to preferred stockholders in 2020. Metlock, Inc.'s common stockholders' equity at the beginning and end of 2020 was $874000 and $1160000, respectively. Metlock, Inc.s payout ratio for 2020 was O 13.80%. 0 26.92%. O 3.50%. O 42.40%

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