(Solved): (Click on the icon here \( \square \) in order to copy its contents of the data table below into a ...

(Click on the icon here \( \square \) in order to copy its contents of the data table below into a spreadsheet.) Southern Cities Trucking Company has the following five-year record of earnings per share: Which of the following procedures would produce higher dividends to stockholders over this five-year period? a. Paying out dividends at a fixed ratio of \( 32 \% \) of EPS. b. Paying out dividends at a fixed rate of \( \$ 0.96 \) per share. a. If they pay out dividends at a fixed ratio of \( 32 \% \) of EPS, the total of the dividends over the 5 -year period is \( \$ \) (Round to the nearest cent.)