rooks Sporting Inc. is prepaned to report the following 2021 income statement (shown in thousands of dollars). Fior to reporting this income statement, the company wants to determine its annual dividend. The company has 470,000 shares of common stock outstanding, and its stock trades \$t $5B per share. a. The company had a 30\% dividend payout ratio in 2020. If Brooks wants to maintain this payout ratio in 2021, what will bo its per-ahare dividend in 20217 Do not round intermediate calculations, Round your answer to the nearest cent. $ b. If the company maintains this 30% payout ratiof what will be the current dividend vield on the campany's stock? Do not round intermediate calculations. Alaund your anewer to two decimal places. c. The company reported net income of $1.75 milion in 2020. Assume that the number of shares outstanding has remained constant. What was the company's Der-share dividend in 2020 ? Do not round intermediate calculations, Round your onswer to the nearest cent. 5 d. As an alternative to maintaining the same dividend payout ratio, Brooks is considering maintaining the same perstiare dividend in 2021 that it paid in 2020 . If it chicoses this naliev. What will be the company's dividend payout ratio in 20217 Do not round intermed ate caiculations. Round your answer to two decimal places. e. Assume that the company is interented in dramatically expanding its operations and that this expansion will require signaficant amounts of capital. The congany would ike to avoid transactions costs involved in issuing new equity. Given this scenario, would it make more sense for the company to maintain a constant dividend payout ratio or to maintain the same per-share dividend? 1. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio. 11. Since the company would like to avold transactions couts involved in issuing new equify, it would be best for the firm to maintain the same per-3hare dividend