The following financial information is available for Ayayai Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income (a1) Payout ratio 2025 Return on common stockholders' equity $2,500 $2,625 339 50 600 2024 2025 748 Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g. 12.5%.) 50 680 64 % 22 % 2024 117 % 24 %

Cornerstones of Financial Accounting
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Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
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Problem 38CE: Stockholder Payout Ratios The following information pertains to Milo Mindbender Corporation:...
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The following financial information is available for Ayayai Corporation.
(in millions)
Average common stockholders' equity
Dividends declared for common stockholders
Dividends declared for preferred stockholders
Net income
(a1)
Payout ratio
2025
Return on common stockholders' equity
$2,500
339
50
600
2024
$2,625
2025
748
Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g.
12.5%.)
50
680
64
%
22 %
2024
117 %
24 %
Transcribed Image Text:The following financial information is available for Ayayai Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income (a1) Payout ratio 2025 Return on common stockholders' equity $2,500 339 50 600 2024 $2,625 2025 748 Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g. 12.5%.) 50 680 64 % 22 % 2024 117 % 24 %
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