The following selected information on millions, except per share information is available for National Bank of Canada for the years ended October 31: 2018 2012 Weighted average of common shares in thousands) 339,372 340.809 Net income $2.232 $2.024 ncome available to common shareholders 52.040 51.855 Total dividends declared & pard on common shares 5829 5778 Dividends declared & paid per common share $244 $2.28 Average common shareholders equity $13.976 $12601 Market price per common share $59.76 $62.61 45.8% 45.5% Industry averages were as follows Payout ratio Dividend yield Basic earnings per share Return on common shareholders equity 14.0% 3.58 nya n/a 15.8% 15.9% Instructions a) Calculate the following ratios for the common shareholders for each fiscal year: 1. Payout ratio 12 marks) 2 Dividend yield (2 marks) 3. Basic earnings per share (2 marks) 4. Return on common shareholders equity (2 marks) b) Comment on the above ratios for 2018 in comparison with the pror year and in comparison with the industry. (4 marks) NOTE. You are to complete the questions above on appropriate separate document(s). Acceptable formats include: word document, excel documents, documents written by hand (scanned and uploaded as a pdf or jpeg file), or any template you have access to that fulfils the question requirements. You will then upload this or drag and drop' the file(s) into the upload box at the bottom of this question box