Please answer both questions completely Current Attempt in ProgressSUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the followingfinancial information (in millions) was taken from the company's 2022 annual report: net sales $40,930, net income $449, beginningcommon stockholders' equity $2,629, and ending common stockholders' equity $2,884.Compute the return on common stockholders' equity. (Round answer to 1 decimal place, eg. 10.5%.)Return on common stockholders' equity Current Attempt in ProgressThe stockholders' equity section of Sheridan Corporation consists of common stock ($10 par) $2,350,000 and retained earnings$526,000. A 10% stock dividend (23,500 shares) is declared when the market price per share is $14. Show the before-and-after effectsof the dividend on the following.(a)The components of stockholders' equity.(Б)Shares outstanding.(c)Par value per share.BeforeAfterDividendDividendStockholders' equity%$4$4Outstanding sharesPar value per share2$2$

The question is based on the concept of Accounting Ratios. As per the Bartleby guidelines we are…

SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions) was taken from the company's 2022 annual report: net sales $40,930, net income $449, beginning common stockholders' equity $2,629, and ending common stockholders' equity $2,884. Compute the return on common stockholders' equity. (Round answer to 1 decimal place, eg. 10.5%.) Return on common stockholders' equity