Question: Current Attempt in Progress The following selected information (in millions, except for per-share information) is available for National Bank of Canada for the years

Current Attempt in Progress The following selected information (in millions, except for

Current Attempt in Progress The following selected information (in millions, except for per-share information) is available for National Bank of Canada for the years ended October 31: 2021 2020 Weighted average number of common shares (in thousands) 340,861 337,580 Net income $3,177 $2,083 Income available to common shareholders $3,054 $1,923 Total dividends declared and paid on common shares $958 $953 Dividends declared and paid per common shares $2.84 $2.84 Average common shareholders' equity $14,892 $12,930 Market price per common share $102.46 $63.94 Industry averages were as follows: Payout ratio 42.4% 59.2% Dividend yield 3.8% 5.6% Basic earnings per share n/a n/a Return on common shareholders' equity 14.6% 10.7% (a) Calculate the following ratios for the common shareholders for each fiscal year: (Round basic earnings per share to 2 decimal places, e.g. 5.24. Round payout ratio, dividend yield and return on common shareholders' equity to 1 decimal place. e.g. 5.2.) 1. Payout ratio 2. Dividend yield 3. Basic earnings per share 4. Return on common shareholders' equity $ 2021 % % 2020 % % % %

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