Question 17 of 34 -/3 View Policies Current Attempt in Progress Sheffield Corp. had net income of $107800 and paid dividends of $45500 to common stockholders and $21500 to preferred stockholders in 2020. Sheffield Corp's common stockholders' equity at the beginning and end of 2020 was $864000 and $1020000, respectively. Sheffield Corps payout ratio for 2020 was Qu M 4.55% O 43.45% Ques Mate O 14.85% O 42.21% Questio Question Attempts: 0 of 1 used Submit Answer Save for Later Last saved 1 minute ago. Saved work will be auto-submitted on the due date. Question 12