Sandhill Inc. had net income for $2024$ of $$2,120,000.$ The company had $790,000$ of common shares outstanding throughout the year.

During $2024,$ Sandhill paid $$0\mathrm{.}05$ dividends per common shares. The average common shareholder equity was $$9,045,500,$ and the

market value of the shares on December $31,2023$ was $$8$ per share.

Sandhill Inc. also had $245,000$ shares outstanding of cumulative, $$3,$ no$-$par value preferred shares. The shares were outstand for

the full year, and dividends had been paid in all previous years.

Calculate the following ratios for Sandhill Inc.: $($Round answers to $2$ decimal places, e$.$g$.25\mathrm{.}15$ or $25\mathrm{.}15\%.)$

$($a$)$ Rate of return on common shareholders' equity

$\%$

$($b$)$ Payout ratio

$\%$

$($c$)$ Price earnings ratio

times

$($d$)$ Book value per share

per share