Question: Exercise 11-11 (Part Level Submission) The following selected information is available for two competitors, Nike, Inc. and Adidas AG: (in millions, except for per-share

two competitors, Nike, Inc. and Adidas AG: (in millions, except for per-share

Exercise 11-11 (Part Level Submission) The following selected information is available for two competitors, Nike, Inc. and Adidas AG: (in millions, except for per-share information) Market price per share Dividends declared and paid Dividends per share Net income Nike (in U.S. S) $52.50 931 1.08 3,273 Adidas (in euros) sg.gl 320 1.60 534 Calculate the (1) payout and (2) dividend yield ratios for each company. (Round answers to 1 decimal place, e.g. 5.2%.) Nike (1) Payout ratio (2) Dividend yield Adidas

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