Return on Common Stockholders' Equity, Dividend Yield, and Dividend Payout The following information relates to Litchfield, Inc.: Year 1 Year 2 Net income Preferred stock dividends Average common stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end $110,000 $150,000 15,000 15,000 4,000,000 4,200,000 3.00 3.20 5.80 5.90 58.00 59.50 Calculate the following ratios for both years: (Round to two decimal places.) Year 1 Year 2 % % a. Return on common stockholders' equity b. Dividend yield c. Dividend payout % % % % Check