Consider the following information.

Stock price ................. $55/share ........ Avg. common shares outstanding ....... 850,000

Common dividends ....... $765,000 ......... Dividends per common share ....... $0.90/share

Preferred dividends ....... $238,800 ......... Net income ........................... $15,485,000

2019 preferred stock .... $6,162,000 ........ 2018 preferred stock ................... $5,299,000

2019 total stockholders'

equity .................... $28,435,000 ........ 2018 total stockholders' equity ..... $25,483,000

Purchases of treasury stock ... $120,000

Required:

1. Calculate the stockholder payout ratios.

2. Calculate the stockholder profitability ratios.