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Suppose the following financial information is available for Walgreen Company (in millions) 2022 2021 Average common stockholders equity $15,625 513.750 Dividends declared for common stockholders

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Suppose the following financial information is available for Walgreen Company (in millions) 2022 2021 Average common stockholders equity $15,625 513.750 Dividends declared for common stockholders 550 495 Dividends declared for preferred stockholders 0 0 Net income 2.500 2.750 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. Round answers to 1 decimal place, as 12.5%) 2022 2021 Payout ratio Return on common stockholders equity e Textbook and Media Save for Later Attempt: 0 of 5 used Submit Anwer

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