The following financial information is available for Sara Lee Corporation. Instructions Calculate the payout ratio and return
Question:
The following financial information is available for Sara Lee Corporation.
Instructions
Calculate the payout ratio and return on common stockholders' equity ratio for 2007 and
2006. Comment on yourfindings.
Transcribed Image Text:
(in millions) 2007 2006 Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income $2,532 298 0 504 $2,591 611 0
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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