Question: Would you please help on the wrong answers in red. Exercise 11-13 Your answer is partially correct. Try again Selected financial information (in millions, except

 Would you please help on the wrong answers in red. Exercise

Would you please help on the wrong answers in red.

Exercise 11-13 Your answer is partially correct. Try again Selected financial information (in millions, except per-share information) is available for CIBC at October 31: 2015 2014 013 51,708 $1,567 1,523 $3.81 Income available to common shareholders (equals net income) 3,531 $3,131 S3,253 $20,360 $17,588 $16,546 $100.28 102.89$88.70 401 Dividends declared and paid to common shareholders Dividends declared per common share $4.30 53.94 Common sharehalders equity Market price per common share Weighted average number of common shares 397 398 (a) Calculate the (1) payout, (2) dividend yield, (3) basic earnings per share, and (4) return on common shareholders' equity ratios for the common shareholders for 2015 and 2014. (Round basic earnings per share to 2 declmal places, eg. 5.24. Round payout ratio, dividend yield and return on common shareholders' equity to 1 decimal place. e.g. 5.29%) 2015 2014 (1) Payout ratio (2) Dividend yield (3) Basic earnings per share 48.371 % 4.251 % 4.5 3.9 (4) Retum on common shareholders' equity

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