The following financial information is available for Ivanhoe Corporation, 2020 2019 $2,532 $2,594 (in millions) Average common stockholders equity Dividends declared for common stockholders Dividends declared for preferred stockholders 307 623 60 60 Net income 508 562 Calculate the payout ratio and return on common stockholders' equity for 2020 and 2019. (Round answers to 1 decimal place, 6.3. 12.5%) 2020 2019 Payout ratio Return on common stockholders equity % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Antwer