QUESTION 7 Ration Corporation has only common stock, no preferred. Given the following information, What is the Ratio Dividend payout ratio for 2019? (Show as a decimal, and to only 2 decimal places. For example: 61) Year Total revenue Total assets Total equity Common stock Total liabilities Dividends paid Net income 2020 250,000 40,000 35,000 10,000 5,000 1,500 5,000 2019 240,000 39,000 30,000 10,000 9,000 1,000 4,500 2018 230,000 38.000 25,000 10.000 13,000 500 4,000