The following financial information is available for Cullumber Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income Payout ratio Return on common stockholders' equity eTextbook and Media 2022 Save for Later $2,546 $2,605 297 40 2021 508 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%.) 670 2022 40 556 % % 2021 Attempts: 0 of 4 used % % Submit Answer

The following financiat information is available for Cullumber Corporation. Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021 . (Round answers to 1 decimal place, e. 1.12.54