Suppose the following financial information is available for Walgreens. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2025 $12,500 $11,000 550 0 2024 2,500 495 0 2,750

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Suppose the following financial information is available for Walgreens.
(in millions)
Average common stockholders' equity
Dividends declared for common stockholders
Dividends declared for preferred stockholders
Net income
(a1)
Payout ratio
2025
Return on common stockholders' equity
$12,500
550
0
2,500
2024
2025
$11,000
495
Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g.
12.5%.)
0
2,750
%
%
2024
%
%
Transcribed Image Text:Suppose the following financial information is available for Walgreens. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income (a1) Payout ratio 2025 Return on common stockholders' equity $12,500 550 0 2,500 2024 2025 $11,000 495 Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g. 12.5%.) 0 2,750 % % 2024 % %
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