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Suppose the following financial information is available for Walgreen Company. (in millions) 2022 2021 Average common stockholders' equity $13,622.5 $11.986.5 Dividends declared for common stockholders

Suppose the following financial information is available for Walgreen Company. (in millions) 2022 2021 Average common stockholders' equity $13,622.5 $11.986.5 Dividends declared for common stockholders 471 394 Dividends declared for preferred stockholders 0 0 Net income 2,006 2,157 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, es 12.5%) Payout ratio Return on common stockholders' equity. 2022 % 2021

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