Suppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of $29.30 billion, ending total assets of $31.70 billion, net sales of $22.57 billion and net income of $4,88 billion la) Compute McDonald's return on assets, (Round return on assets to 2 decimal places, 68, 5.12%) McDonald's return on assets .16 (b) Compute McDonald's asset turnover (Round asset turnover to 2 decimal places, eg: 5.12) McDonald's asset turnover 16 times View Policies Current Attempt in Progress The following information is available for Kingbird, Inc. Average common stockholders' equity Average total stockholders' equity Common dividends declared and paid Preferred dividends declared and paid Net income 2020 $1,770,000 2,130,000 83,000 32.000 187,000 2019 $1,490,000 1,770,000 66,000 32.000 150,000 Compute the payout ratio and return on common stockholders' equity for both years. (Round answers to decimal place 2019 2020 % % Payout ratio % % Return on common stockholders' equity e Textbook and Media Attempts: 0 of 2 used Save for Later