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The following financial information is available for Swifty Corporation. in millions) 2017 2016 $2,735 $2,805 Average common stockholders' equity Dividends declared for common stockholders 345

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The following financial information is available for Swifty Corporation. in millions) 2017 2016 $2,735 $2,805 Average common stockholders' equity Dividends declared for common stockholders 345 725 Dividends declared for preferred stockholders 45 45 Net income 690 730 Calculate the payout ratio and return on common stockholders' equity ratio for 2017 and 2016" (Round answers to 1 decimal place, eg. 12.5%) 2016 2017 501% Payout ratio 101 | 96 24 | 96 24 | % Return on common stockholders' equity

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