Please show work and explain the formulas.

Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc. 2015 2016 Net income Preferred stock dividends Average common stockholders' equity Dividend per common share Earnings per s Market price per common share, year-end $125,000 $150,000 15,000 18,000 4,000,000 4,200,000 3.20 6.00 59.50 2.80 5.80 58.00 hare 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 0%