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The following financial information is available for Indigo Corporation. (in millions) 2022 2021 Average common stockholders' equity $2,750 $2,835 Dividends declared for common stockholders Dividends
The following financial information is available for Indigo Corporation. (in millions) 2022 2021 Average common stockholders' equity $2,750 $2,835 Dividends declared for common stockholders Dividends declared for preferred stockholders 352 33 550 714 33 600 Net income 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 .64 % 1.19 Return on common stockholders' equity .188 eTextbook and Media Save for Later Attempts: 4 of 6 used Submit
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