Sunland Company had net income of $100000 and paid dividends of $29750 to common stockholders...

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Sunland Company had net income of $100000 and paid dividends of $29750 to common stockholders and $17000 to preferred stockholders in 2017 . Sunland Company common stockholders' equity at the beginning and end of 2017 was $872000 and $1440000, respectively Sunland Company payout ratiofor 2017 was 5.2%. 29.8% 16% 44%

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