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.

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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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Question Posted: Apr 21, 2012 05:06 AM

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The following financial information is available for Sara Lee Corporation. Instructions Calculate the payout ratio and return

Question:

(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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2007 2006 Payout ratio Return on common stockholders equity Sar...View the full answer

Financial Accounting Tools for Business Decision Making

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