Please answer below and explain.

The following data is provided For Sage Corporation for the years 2022 and 2023. total shareholders' equity at the end of 202 1 is $265,400. 2022 202.3 Net income $148900 $154800 Shareholders equity $289,600 $342,050 Weighted average number of common shares 55:400 52.500 Dividends declared per common share $0.40 $0.45 Market price per common share $9.60 $9.98 Weighted average number of preferred shares 18.500 19.980 Dividends declared per preferred share $0.25 $0.25 industry ratios: Payout ratio 28.096 Return on common sha reholders' equity:r 35.096 Select which of the following statements are correct: O a. Sage pays out a greater proportion of its net income to shareholders through dividends than what is indicated by the industry average. O b. The return on common shareholders' equity for 2022 is 35.3%. c. Sage Corporations' dividend yield for 2023 is 4.5% d. The dollars earned for each dollar invested by Sage common shareholders was higher than the industry average for 2023. O'e. The basic earnings per share ratio for 2023 is $2.69. f. The company's earnings performance as measured using the basic earnings per share ratio has declined in 2023 from 2022. O g. The payout ratio has increased by 2.2% in 2023 over 2022. O h. The company's dividend yield for 2022 is 28