the following financial information is available for walgreen company 535288
The following financial information is available for Walgreen Company.
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the following financial information is available for walgreen company 535288
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|
(in millions) |
2009 |
2008 |
|
Average common stockholders” equity |
$13,622.5 |
$11,986.5 |
|
Dividends declared for common stockholders |
471 |
394 |
|
Dividends declared for preferred stockholders |
0 |
0 |
|
Net income |
2,006 |
2,157 |
Instructions
Calculate the payout ratio and return on common stockholders” equity ratio for 2009 and 2008. Comment on your findings.
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