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Wildhorse Co. had net income of $100000 and paid dividends of $27800 to common stockholders and $15500 to preferred stockholders in 2020. Wildhorse Co's common

Wildhorse Co. had net income of $100000 and paid dividends of $27800 to common stockholders and $15500 to preferred stockholders in 2020. Wildhorse Co's common stockholders' equity at the beginning and end of 2020 was $500000 and $580000, respectively. Wildhorse Co.'s payout ratio for 2020 is O 22.80%. 47.80%. O 27.80%. 7.80%.
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Wildhorse \\( C 0 \\). had net income of \\( \\$ 100000 \\) and paid dividends of \\( \\$ 27800 \\) to common stocktiolders and \\( \\$ 15500 \\) to prelerred stockholders in 2020 . Wildhorse Co's common stockholders' equity at the beginning and end of 2020 was \\( \\$ 500000 \\) and \\( \\$ 580000 \\). respectively, Wildhorse Co's payout ratio for 2020 is 22.80\\%. \47.80. 27.80\\%. \7.80

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