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Suppose the following financial information is available for Walgreen Company. 2019 (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for

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Suppose the following financial information is available for Walgreen Company. 2019 (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2020 $12,700.00 426.72 $11,800.00 401.20 0 1,778.00 2,006.00 Calculate the payout ratio and return on common stockholders' equity for 2020 and 2019. (Round answers to 1 decimal place, e.g. 12.5%.) 2020 2019 Payout ratio Return on common stockholders' equity

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