Pearlman, Inc. provides the following information for 2019 Net income Market price per share of common stock Dividends paid Common stock outstanding at Jan. 1, 2019 Common stock outstanding at Dec. 31, 2019 The company has no preferred stock outstanding. Calculate the dividend payout ratio. (Round any intermediate calculations and your final answer to two decimal places.) $290,000 S30.00/share $1.00/share 130,000 shares 140,000 shares A. OB. OC. OD, 24.11% 30.00% 44.84% 46.51%