their shares more allUU end payout, dividend yield and ROE) APII-18B (PIE, divid OCloud Corpora global com statements and statement of financial position. T and $38.20 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.477 and $0.415 for 2020 and 2019, respectively. The following is an extract from the company's 2020 and 2019 comparative income he market price of OCloud's common shares was $40.93 tion's suite of software products and panies. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement Total revenues Total cost of revenues Total operating expenses Net income Statement of Financial Position Total assets Total liabilities Common share capital Total shareholders' equity Weighted average number of commons shares outstanding 2020 2019 $2,291,057 $1,824,228 762,391 1,175,734 $1,025,659 574,000 881,665 S 284,477 2020 2019 $7,480,562 $5,154,144 3,774,947 817.788 $3,533,319 $1,978,656 242,926 3,947.243 1,439,850 253,879 Required a. Calculate the return on shareholders' equity for OCloud in 2 incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. What information does your calculation provide an investor 020. Note that OCloud's articles of b. Calculate earnings per share and the price/earnings ratio for the years 2020 and 2019. What does your calculation indicate about OCloud's earnings? c. Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. What do the resultis of these ratios tell us about OCloud