FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The following financial information is available for Monty Corporation.
(in millions)
Average common stockholders' equity
Dividends declared for common stockholders
Dividends declared for preferred stockholders
Net income
(a1)
Payout ratio
Return on common stockholders' equity
2025
e Textbook and Media
$2,500
300
30
500
2024
$2,600
Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g.
12.5%)
638
2025
30
550
%
%
2024
%
%
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Transcribed Image Text:Current Attempt in Progress The following financial information is available for Monty Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income (a1) Payout ratio Return on common stockholders' equity 2025 e Textbook and Media $2,500 300 30 500 2024 $2,600 Calculate the payout ratio and return on common stockholders' equity for 2025 and 2024. (Round answers to 1 decimal place, e.g. 12.5%) 638 2025 30 550 % % 2024 % %
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