Exercise 11-16 a1 The following financial information is available for Bramble Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2022 $2,500 342 2021 $2,625 759 30 30 600 660 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%) 2022 2021 Payout ratio % % Return on common stockholders' equity % %