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Swifty Corporation had the following information in its financial statements for the year ended 2020 and 2021: Common cash dividends for the year 2021
Swifty Corporation had the following information in its financial statements for the year ended 2020 and 2021: Common cash dividends for the year 2021 $ 19600 Net income for the year ended 2021 128000 Market price of stock, 12/31/21 24 Common stockholders' equity, 12/31/20 2230000 Common stockholders' equity, 12/31/21 2700000 Outstanding shares, 12/31/21 147500 Preferred dividends for the year ended 2021 28200 What is the payout ratio for Swifty Corporation for the year ended 2021? THE 15.3% 38.1% O 19.6% O 22.7%
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