(in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income Payout ratio 2025 ckholders enuity $2,500 $2,600 319 35 550 2024 2025 713 (a1) Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal p 12.5%) 35 620 58 2024 %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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(in millions)
Average common stockholders' equity
Dividends declared for common stockholders
Dividends declared for preferred stockholders
Net income
Payout ratio
2025
Return on common stockholders' equity
$2,500 $2,600
319
713
35
35
550
2024
(a1)
Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place,
12.5%)
2025
620
58
2024
%
%
Transcribed Image Text:(in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income Payout ratio 2025 Return on common stockholders' equity $2,500 $2,600 319 713 35 35 550 2024 (a1) Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, 12.5%) 2025 620 58 2024 % %
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