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OCandy Corporation suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the companys 2020

OCandy Corporation suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the companys 2020 and 2019 comparative income statements and statement of financial position. The market price of OCandy's common shares was $41.12 and $38.20 on June 30, 2020, and June 30, 2019, respectively. OCandy declared dividends per common share of $0.476 and $0.412 for 2020 and 2019, respectively.

OCandy CORPORATION

Years Ended June 30, 2020, and 2019 (in thousands)

Comparative Income Statement 2020 2019

Total revenues $2,276,557 $1,828,767

Total cost of revenues 766,850 569,174

Total operating expenses 1,169,419 874,972

Net income $1,009,546 $300,221

Statement of Financial Position 2020 2019

Total assets $7,490,691 $5,175,412

Total liabilities 3,960,177 3,762,299

Common share capital 1,436,263 821,380

Total shareholders equity $3,530,514 $1,413,113

Weighted average number of commons shares outstanding 2020: 253,195 2019:242,375

Calculate the return on shareholders equity for OCloud in 2020. Note that OClouds articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. (Round answer to 1 decimal place, e.g. 15.2%.)

Calculate earnings per share for the years 2020 and 2019. (Round answers to 2 decimal places, e.g. 15.27.)

Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, e.g. 15.2%.)

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