Return on Common Stockholders Equity, Dividend Yield, and Dividend Payout

The following information relates to Litchfield, Inc.:

	Year 1	Year 2
Net income	$192,500	$255,000
Preferred stock dividends	26,250	25,500
Average common stockholders equity	6,800,000	7,350,000
Dividend per common share	5.10	5.60
Earnings per share	10.15	10.03
Market price per common share, year-end	101.50	101.15

Calculate the following ratios for both years: (Round to two decimal places.)

	Year 1	Year 2
a. Return on common stockholders equity	Answer	Answer
b. Dividend yield	Answer	Answer
c. Dividend payout	Answer	Answer