LUS Kimmel, Financial Accounting, se Help System Announcements JRCES 1. 11 Exercise 11-12 Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $13,020.0 $11,720.0 Dividends declared for common stockholders 560 405 Dividends declared for preferred stockholders 0 0 Net income 1,910 2,210 art Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Rour 2017 2016 Payout ratio % 96 Study Return on common stockholders' equity % 96 Click if you would like to Show Work for this question: Open Show Work LUS Kimmel, Financial Accounting, se Help System Announcements JRCES 1. 11 Exercise 11-12 Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $13,020.0 $11,720.0 Dividends declared for common stockholders 560 405 Dividends declared for preferred stockholders 0 0 Net income 1,910 2,210 art Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Rour 2017 2016 Payout ratio % 96 Study Return on common stockholders' equity % 96 Click if you would like to Show Work for this question: Open Show Work