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 2022 $9,200.0 460 0 1,840 2021 8,600.0 387 2022 0 2,150 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g 12.5%) 2021
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 2022 $9,200.0 460 0 1,840 2021 8,600.0 387 2022 0 2,150 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g 12.5%) 2021
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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