Problem
A company 2021, income statement listed net sales of 12.8 million, gross profit of 7.60 million. EBIT of $5.9 million net income available to common stockholders $3.5 million and common stockholders' dividends of $1.5 million. The 2021 year-end balance sheet listed total assets of $52.8 million and common stock equity of $21.3 million with 20 shares outstanding. What is Return on equity, Dividends paid out?