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Attempt in Progress The following financial information is available for Bramble Corporation. (in millions) 2022 2021 Average common stockholders' equity $2,500 $2,750 Dividends declared
Attempt in Progress The following financial information is available for Bramble Corporation. (in millions) 2022 2021 Average common stockholders' equity $2,500 $2,750 Dividends declared for common stockholders 350 605 Dividends declared for preferred stockholders Net income 55 55 500 550 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%) Payout ratio Return on common stockholders' equity 2022 2021
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