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Your answer is partially correct. The following financial information is available for Ayayai Corporation (in millions) Average common stockholders' equity Dividends declared for common stockholders

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Your answer is partially correct. The following financial information is available for Ayayai Corporation (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2020 $2,300.00 256.20 36.00 427.00 2019 $2,800.00 686.40 36.00 624.00 Calculate the payout ratio and return on common stockholders' equity for 2020 and 2019. (Round answers to 1 decimal place, 08. 12.5%) 2020 2019 Payout ratio 65.5 96 116.7 96 Return on common stockholders' equity 17 96 21 %6

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