Question 22 O Cloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of oCloud's common shares was $40.21 and $38.40 on June 30, 2020, and June 30, 2019, respectively. O Cloud declared dividends per common share of $0.473 and $0.412 for 2020 and 2019, respectively. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement 2020 Total revenues $2,292,471 Total cost of revenues 760,877 Total operating expenses 1,181,498 Net income $1,019,366 Statement of Financial Position 2020 Total assets $7,435,933 Total liabilities 3,940,763 Common share capital 1,449,399 Total shareholders' equity $3,495,170 Weighted average number of commons shares outstanding 252,275 2019 $1,839,262 570,223 884,482 $299,938 2019 $5,165,034 3,795,325 809,798 $1,369,709 245,016 Calculate the return on shareholders' equity for OCloud in 2020. Note that oCloud's 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%.) Return on shareholder's equity Calculate earnings per share for the years 2020 and 2019. (Round answers to 2 decimal places, e.g. 15.27.) 2020 2019 Earnings per share $ per share $ per share Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, e.g. 15.2%) 2020 2019 Dividend payout ratio Dividend yield