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of 14 Required information [The following information applies to the questions displayed below] Markus Company's common stock sold for $6.25 per share at the
of 14 Required information [The following information applies to the questions displayed below] Markus Company's common stock sold for $6.25 per share at the end of this year. The company paid a common stock dividend of $0.75 per share this year. It also provided the following data excerpts from this year's financial statements: t ces 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) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,310,000 $ 759,800 $ 550,200 $ 393,125 $ 18,500 $ 262,238 Ending Balance $ 59,000 $110,000 $ 84,700 $ 253,700 $ 959,000 Beginning Balance $ 51,200 $ 76,200 $110,000 $ 237,400 $ 1,058,600 $ 114,000 $ 228,600 $ 99,000 $ 254,000 $ 184,000 $ 705,000 $ 184,000 $ 830,000 $ $ 959,000 1,058,600 3. What are the dividend payout ratio and the dividend yield ratio? Note: 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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