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CALCULATOR FULL SCREEN P ES Exercise 11-11 The following financial information is available for Bridgeport Corporation 2017 2016 (in millions) Average common stockholders' equity Dividends
CALCULATOR FULL SCREEN P ES Exercise 11-11 The following financial information is available for Bridgeport Corporation 2017 2016 (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income $2,855 $2,950 720 35 575 430 35 535 udy 1 decin Calculate the payout ratio and return on common stockholders' equity ratio for 2017 and 2016. (Round answers to 2017 016 Payout ratio Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your inst Question Attempts: O of 5 used SA Earn Maximum Points available or answer this question correctly in f attempts or less
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