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Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Note: Use...

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Accounting

Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Note: Use the common shares
outstanding on January 1 and December 31 to determine the average shares outstanding.)(Round answers to 2 decimal places,
e.g 17.50%.)
Payout ratio
%
Earnings per share
$
Return on common stockholders' equity
%
The stockholders' equity accounts of Blue Spruce Corp. on January 1,2022, were as follows.
During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity.
Feb. 1 Issued 3,500 shares of common stock for $21,000.
Mar. 20 Purchased 700 additional shares of common treasury stock at $7 per share.
Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1.
Nov. 1 Paid the dividend declared on October 1.
Dec. 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31,
Dec. 31 Determined that net income for the year was $195,000. Paid the dividend declared on December 1.
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