Current Attempt in Progress The following financial information is available for Ayayai Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2017 $2,500 300 40 500 2016 $2,550 605 40 550 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimo 12.5%) 2017 2016 Payout ratio 96 Return on common stockholders' equity % e Textbook and Media