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Novak Inc's market price of its 20,000 shares of $3 par value common stock is now $30 per share. The company declares a 15% stock

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Novak Inc's market price of its 20,000 shares of $3 par value common stock is now $30 per share. The company declares a 15% stock dividend. Enter the after-effects on the stockholders' equity items listed. (Enter two decimals for the par value per share amount (e.s., 52.75).) Flounder provided the following information from its financial statements for the year. Determine the amount of the payout ratio. (Round the percentage to one decimal place (e.s., 57.5\%).)

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