Exercise 11-16 a1

The following financial information is available for Riverbed Corporation.

(in millions)		2022		2021
Average common stockholders equity		$2,400		$2,530
Dividends declared for common stockholders		303		627
Dividends declared for preferred stockholders		44		44
Net income		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%)

		2022			2021
Payout ratio		enter payout ratio in percentages	%		enter payout ratio in percentages	%
Return on common stockholders equity		enter return on common stockholders equity ratio in percentages	%		enter return on common stockholders equity ratio in percentages