### Financial Information for Walgreen Company#### (in millions)#### 2017 vs. 2016- **Average Common Stockholders' Equity** - 2017: $12,990.0 - 2016: $11,690.0- **Dividends Declared for Common Stockholders** - 2017: $545 - 2016: $390- **Dividends Declared for Preferred Stockholders** - 2017: $0 - 2016: $0- **Net Income** - 2017: $1,895 - 2016: $2,195#### TaskCalculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g., 12.5%).This image provides structured financial information that allows for the assessment of the company's payout ratio and return on equity. There are no graphs or diagrams to explain. **Dividends declared for common stockholders:**- 2017: 545- 2016: 390**Dividends declared for preferred stockholders:**- 2017: 0- 2016: 0**Net income:**- 2017: 1,895- 2016: 2,195**Instructions:**Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. *(Round answers to 1 decimal place, e.g., 12.5%.)***Payout Ratio:**- 2017: ___ %- 2016: ___ %**Return on Common Stockholders' Equity:**- 2017: ___ %- 2016: ___ %

Name: ### Financial Information for Walgreen Company#### (in millions)####
Uploaded: 2022-11-22T13:58:24.000Z
Channel: Bartleby
Description: ### Financial Information for Walgreen Company#### (in millions)#### 2017 vs. 2016- **Average Common Stockholders' Equity** - 2017: $12,990.0 - 2016: $11,690.0- **Dividends Declared for Common Stockholders** - 2017: $545 - 2016: $390- **Dividend

Payout ratio = Dividend declared for common stock holders/ earnings available for common stock…

Business

Accounting

Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $12,990.0 $11,690.0 Dividends declared for common stockholders 545 390 Dividends declared for preferred stockholders Net income 1,895 2,195 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016 Payout ratio

Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $12,990.0 $11,690.0 Dividends declared for common stockholders 545 390 Dividends declared for preferred stockholders Net income 1,895 2,195 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016 Payout ratio

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Please do not give solution in image format thanku
c, d, and e
Subject: accounting
H
Balance Sheet of Do Well Ltd. As on 31st March, 2016 was as follows: 1. Equity and Liabilities (1) Shareholders' Funds (a) Share Capital: Equity Shares @ $10 each 2,00,000 (Ь) Reserves and Surplus : Surplus Account 1,20,000 (2) Non-current Liabilities 6% Debentures 1,20,000 (2) Current Liabilities Creditors 60,000 Proposed Dividend 20,000 Total Equity and Liabilities 5,20,000 II. Assets (1) Non-current Assets Fixed Assets : Freehold Property 1,00,000 (2) Current Assets Stock 1,20,000 Debtors 80,000 Balance at Bank 2,20,000 Total Assets 5,20,000 At the annual general meeting held on 18th April, 2016 it was resolved: (i) To declare dividend of 10% for the accounting year ended on 31st March, 2016. (ii) To issue one bonus share for every 4 shares held out of Surplus Account. (iii) To give existing shareholders the option to purchase for cash one share for $15 for every 4 shares held prior to the bonus distribution. This option was accepted by all the shareholders. (On this no bonus share…
Dividends Yield Payout ratio
Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Return on common stockholders' equity Earnings per share on common stock Price-earnings ratio Dividends per share of common stock Dividend yield
Hello tutor please give me the Correct answer
See Table 2.5 LOADING... showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same fraction of revenues in 2016-2019 as they were in 2015. What would Mydeco's EPS have been each year in this case? Calculate the new EPS for 2016-2019 below: (Round dollar amounts and number of shares to one decimal place. Round percentage amount and the EPS to two decimal places.)
Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.) 2017 2016 Net sales $1,126,000 $1,133,200 Net income (loss) 66,700 54,800 Total assets 855,338 838,078 Share information Shares outstanding at year-end 64,507,000 66,282,000 Preferred dividends There were 73,139,000 shares outstanding at the end of 2015. 9:17 PM
Below is the financial data for Arla Inc. for the year ended December 31, 2020: Market price per share... Net Income...... $150.00 $1,750,000 Preferred Dividends declared... $75,000 Average # of common shares....... Dividends per share...... Average common shareholders' equity..... Total assets..... Total Liabilities... Accumulated Other Comprehensive Income..... 100,000 $2.50 10,000,000 $22,500,000 $11,675,000 $185,000 Instructions Calculate the Return on shareholders' equity (use up to 2 decimal places and do not include a % sign)
G. C. Murphey’s 2016 financial statements show average shareholders’ equity of $20,412 million, net income of $5,040 million, and average total assets of $86,700 million.How much is G. C. Murphey’s return on assets for the year? Question 21 options: A) 4.77% B) 5.81% C) 11.42% D) 24.69%