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The following information is available for Sage Hill Corporation. Average common stockholders' equity Average total stockholders' equity Common dividends declared and paid Preferred dividends declared
The following information is available for Sage Hill Corporation. Average common stockholders' equity Average total stockholders' equity Common dividends declared and paid Preferred dividends declared and paid Net income Payout ratio 2025 Return on common stockholders' equity $1,620,000 2,240,000 65,520 40,000 182,000 2024 $1,120,000 2025 1,620,000 44,080 Compute the payout ratio and return on common stockholders' equity for each year. (Round answers to 0 decimal places, e.g. 15%.) 40,000 152,000 % % I 2024 % %
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