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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
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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