the following financial information is available for thompson corporation 535287
The following financial information is available for Thompson Corporation.
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the following financial information is available for thompson corporation 535287
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|
(in millions) |
2012 |
2011 |
|
Average common stockholders” equity |
$2,532 |
$2,591 |
|
Dividends declared for common stockholders |
298 |
611 |
|
Dividends declared for preferred stockholders |
40 |
40 |
|
Net income |
504 |
555 |
Instructions
Calculate the payout ratio and return on common stockholders” equity ratio for 2012 and 2011. Comment on your findings.
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