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The following financial information is available for Bridgeport Corporation. (in millions) 2022 2021 Average common stockholders equity $2,500 $2,575 Dividends declared for common stockholders 294

The following financial information is available for Bridgeport Corporation.

(in millions)

2022

2021

Average common stockholders equity

$2,500 $2,575

Dividends declared for common stockholders

294 638

Dividends declared for preferred stockholders

35 35

Net income

500 550

Calculate the payout ratio and return on common stockholders equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%)

2022

2021

Payout ratio

enter payout ratio in percentages % enter payout ratio in percentages %

Return on common stockholders equity

enter return on common stockholders equity ratio in percentages % enter return on common stockholders equity ratio in percentages %

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