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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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