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The following financial information is available for Pina Colada Corporation (in millions) 2025 2024 Average common stockholders' equity $3,000 $3,175 Dividends declared for common
The following financial information is available for Pina Colada Corporation (in millions) 2025 2024 Average common stockholders' equity $3,000 $3,175 Dividends declared for common stockholders 305 621 Dividends declared for preferred stockholders 32 32 Net income 500 540 Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, eg 12.5%) (a1) Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, eg 12.5%) Payout ratio Return on common stockholders' equity 2025 2024
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