Sheffield Corporation had net income of $338000 and paid dividends to common stockholders of $42250 in 2017. The weighted average number of shares outstanding in 2017 was 41000 shares. Sheffield Corporation's common stock is selling for $53 per share on the New York Stock Exchange. Sheffield Corporation's payout ratio for 2017 is

$8.2 per share.

19.1%.

12.5%.

6.7%.

The current assets of Crane Company are $293300. The current liabilities are $104750. The current ratio expressed as a proportion is

280%.

2.8:1.

0.36:1.

$104750 $293300.