Question
Suppose the following financial information is available for Walgreens. (in millions) 2025 2024 Average common stockholders' equity $12,500 $12,000 Dividends declared for common stockholders
Suppose the following financial information is available for Walgreens. (in millions) 2025 2024 Average common stockholders' equity $12,500 $12,000 Dividends declared for common stockholders 460 336 Dividends declared for preferred stockholders 0 0 Net income 2,000 2,100 (a1) Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g. 12.5%.) Payout ratio Return on common stockholders' equity 2025 2024 % % % %
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
