Question: Please help! It would be greatly appreciated! Exercise 11-12 Suppose the following financial information is available for Walgreen Company (in millions) Average common stockholders' equity

Please help! It would be greatly appreciated!

Please help! It would be greatly appreciated! Exercise 11-12 Suppose the following

Exercise 11-12 Suppose the following financial information is available for Walgreen Company (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2017 2016 $12,850.0 $11,550.0 395 0 2,125 475 0 1,825 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%) 2017 2016 Payout ratio Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE

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