Sheffield Corporation had net income of $338000 and paid dividends to common stockholders of $42250 in 2017. The weighted average number of shares outstanding in 2017 was 41000 shares. Sheffield...

Sheffield Corporation had net income of $338000 and paid dividends to common stockholders of $42250 in 2017. The weighted average number of shares outstanding in 2017 was 41000 shares. Sheffield Corporation's common stock is selling for $53 per share on the New York Stock Exchange. Sheffield Corporation's payout ratio for 2017 is $8.2 per share. 19.1%. 12.5%. 6.7%. The current assets of Crane Company are $293300. The current liabilities are $104750. The current ratio expressed as a proportion is 280%. 2.8:1. 0.36:1. $104750 ÷ $293300.