Suppose the following financial information is available for Walgreen Company.

(in millions)		2020		2019
Average common stockholders equity		$13,200.00		$11,200.00
Dividends declared for common stockholders		388.08		383.04
Dividends declared for preferred stockholders		0		0
Net income		1,848.00		2,016.00

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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