Question: CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Not yet answered Marked out of 3.00 P Flag question Return on Common Stockholders' Equity, Dividend Yield,

CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Not yet answered Marked out of 3.00 P Flag question Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: 2015 2016 $150,000 $190,000 Net income Preferred stock dividends Average common stockholders' equity 4,000,000 4,200,000 Dividend per common share Earnings per share Market price per common share, year-end 15,000 15,000 3.40 5.80 58.00 3.60 5.90 59.50 a. Calculate the company's return on common stockholders' equity for 2015 and 2016. b. Calculate the company's dividend yield for 2015 and 2016 c. Calculate the company's dividend payout for 2015 and 2016. Round answers to one decimal point. 2015 2016 a. Return on Common Stockholder Equity b. Dividend Yield c. Dividend Payout
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