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QUESTION 4 Waterway Corporation had net income of $200000 and paid dividends to common stockholders of $25000 in 2017. The weighted average number of g
QUESTION 4 Waterway Corporation had net income of $200000 and paid dividends to common stockholders of $25000 in 2017. The weighted average number of g in 2017 was 57000 shares. Waterway Corporation's common stock is selling for $70 per share on the New York Stock Exchange. Waterway Corporation's payout ratio for 2017 is 12.5% 16% S.04 per share 28.5%
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