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23-12-2022
Business

Answered

Suppose the following financial information is available for Walgreens. (in millions) 2022 2021 Average common stockholders' equity $13,663.0 $11,884.0 Dividends declared for common stockholders 490 395 Dividends declared for preferred stockholders 0 0 Net income 2.057 2,156 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%.) 2022 2021 Payout ratio % % Return on common stockholders' equity % %

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