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Suppose the following financial information is available for Walgreens. (in millions) 2022 2021 Average common...

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Accounting

Suppose the following financial information is available for Walgreens. (in millions) 2022 2021 Average common stockholders' equity $9,200.0 $8,400.0 Dividends declared for common stockholders 460 420 Dividends declared for preferred stockholders 0 0 Net income 1,840 2,100 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%.)image

Suppose the following financial information is available for Walgreens. Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5\%.)

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