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Wildhorse Co. had net income of $100000 and paid dividends of $31000 to common stockhoiders and $17000 to preferred stockhoiders in 2017. Wildhorse Co. common

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Wildhorse Co. had net income of $100000 and paid dividends of $31000 to common stockhoiders and $17000 to preferred stockhoiders in 2017. Wildhorse Co. common stockholders' equity at the beginning and end of 2017 was $854000 and $1450000, respectively. Wildhorse Co. payout ratio for 2017 was. 45% 32.086 6,4% 17%

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