Biology homework help. The following info pertains to Bramble Company. Assume that all balance sheet amounts represent average balance figures:Total assets-$360000 stockholder equity-common-$240000total stockholders equity-$290000Sales revenue-$94000Net income-$21200Numbers of shares of common stock-$6000Common dividends-5300Preferred dividends-$8500What is Brambles payout ratio?a)10% b)25.00% c)18% d)38%
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