Question: I tried answers provided on two different threads on Chegg and they were wrong so please only experts answer. The following data is provided for

I tried answers provided on two different threads on Chegg and they were wrong so please only experts answer.

I tried answers provided on two different threads on Chegg and they were wrong so please only experts answer. The following data is provided

The following data is provided for Sage Corporation for the years 2022 and 2023, total shareholders' equity at the end of 2021 is $265,400. Sage Corporation 2022 2023 Net income $148,900 $154,800 Shareholders' equity $289,600 $342,050 Weighted average number of common shares 55,400 57,500 Dividends declared per common share $0.40 $0.45 Market price per common share $9.60 $9.98 Weighted average number of preferred shares 18,500 19,980 Dividends declared per preferred share $0.75 $0.75 Industry ratios: Payout ratio 28.0% Return on common shareholders' equity 35.0% Select which of the following statements are correct: Select which of the following statements are correct: a Sage pays out a greater proportion of its net income to shareholders through dividends than what is indicated by the industry average. b. The return on common shareholders' equity for 2022 is 35.3%. c. Sage Corporations' dividend yield for 2023 is 4.5% d. The dollars earned for each dollar invested by Sage common shareholders was higher than the industry average for 2023 e. The basic earnings per share ratio for 2023 is $2.69. f. The company's earnings performance as measured using the basic earnings per share ratio has declined in 2023 from 2022. g. The payout ratio has increased by 2.2% in 2023 over 2022. Oh. The company's dividend yield for 2022 is 28%

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