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The following selected information is available for two competitors, Nike, Inc. and Adidas AG: Nike Adidas (in U.S. $) (in millions, except for per-share information)

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The following selected information is available for two competitors, Nike, Inc. and Adidas AG: Nike Adidas (in U.S. $) (in millions, except for per-share information) (in U.S. $) Market price per share $93.04 $147.96 Dividends declared and paid 1,360 666 Dividends per share 0.98 1.882 Net income 4,029 1,706 (a) Calculate the (1) payout and (2) dividend yield ratios for each company. (Round answers to 1 decimal place, e.g. 5.2%.) Nike Adidas (1) Payout ratio % % (2) Dividend yield % %

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