Working on requirement 6: Calculate the 2019 payout on common stock. Assume dividends per share for common stock are equal to $0.13 per share.

Now, calculate the 2019 dividend payout on common stock. (Round interim calulcations to the nearest cent and your final answer to the nearest whole percent X%)

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McKnight, Inc.'s comparative income statement follows. The 2017 data are given as needed EE (Click the icon to view the data.) Read the requireents Data Table 0.9 times 2018: 0.86 times Requirement 4. Calculate the rate of return on common stockholders' equity for 2019 and 2018 Begin by selecting the formula to calculate the rate of return on common stockholders' equity McKnight, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 Rate of return on common 2019 2018 2017 Dollars in thousands Net Sales Revenue Cost of Goods Sold Selling and Administrative Expenses Interest Expense Income Tax Expense Net Income Additional data Total Assets Common Stockholders' Equity Preferred Dividends Common Shares Outstanding During the Year stockholders' equity (Net income - Preferred dividends) / Average common stockholders' equity Now, calculate the rate of return on common stockholders' equity for 2019 and 2018, (Round your answers to one tenth of a percent, XX%.) 2019: $ 176,000 $ 155,000 96.000 88,500 48,000 42.000 7.500 11,500 8.500 $ 14,500 $ 4,500 12.4% 1.2 % 10,000 Requirement 5. Calculate the earnings per share for 2019 and 2018 Begin by selecting the formula to calculate the earnings per share Earnings per share (Net income - Preferred dividends) / Weighted average number of common shares outstanding Now, calculate the earnings per share for 2019 and 2018. (Round your answers to the nearest cent.) 2019: $ 0.73 2018: $ 0.08 Requirement 6. Calculate the 2019 dividend payout on common stock. Assume dividends per share for common stock are equal to $0.13 per share Begin by selecting the formula to calculate the dividend payout on common stock. Dividend payout = Annual dividend per share / Earnings per share Now, calculate the 2019 dividend payout on common stock. (Round interim calculations to the nearest cent and your final answer to the nearest whole percent, X%.) $ 200,000 $ 190,000 $ 172,000 93,000 84,000 3,500 15.000 81,000 3,500 15.000 10,000 Print Done