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Business, 02.12.2019 22:00

The following financial information is available for monty corporation. (in millions) 2022 2021 average common stockholders’ equity $2,500 $2,600 dividends declared for common stockholders 300 638 dividends declared for preferred stockholders 30 30 net income 500 550calculate the payout ratio and return on common stockholders’ equity for 2022 and 2021.

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