s. Bertram Corporation had net income of $325,000 and paid dividends to common stockholders of $39,000 in 2017.The Page 10 weighted average number of shares outstanding in 2017 was 50,000 shares. Bertram Corporation's common stock is selling for $52 per share on the New York Stock Exchange. Bertram Corporation's payout ratio for 2017 is A) 16%. B) 12%. C) $6.5 per share. D) 8.3%. All of the following situtations below might indicate a company has a low quality of earnings except A) A lack of disclosure about guaranteed payments that were mentioned in the MD&A of the annual report B) Revenue is recognized when earned. C) Adoption of a different inventory method for each of the last three years. D) Maintenance costs are capitalized and then depreciated. 49. All of the following are ways that a company's current ratio would decrease except A) paying cash for new equipment B) purchasing inventory on account. C) paying off one-third of its accounts payable. D) adding equal amounts to the numerator and denominator. 50