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The following financial information is available for Indigo Corporation. (in millions) 2017 2016 $3,515 $3,590...

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Accounting

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The following financial information is available for Indigo Corporation. (in millions) 2017 2016 $3,515 $3,590 Average common stockholders' equity 410 705 Dividends declared for common stockholders 55 55 Dividends declared for preferred stockholders 555 605 Net income Calculate the payout ratio and return on common stockholders' equity ratio for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%) 2017 2016 Payout ratio Return on common stockholders' equity

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