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The following financial information is available for Indigo Corporation. (in millions) 2020 2019 Average common...

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Accounting

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The following financial information is available for Indigo Corporation. (in millions) 2020 2019 Average common stockholders' equity $2,500.00 $2,800.00 Dividends declared for common stockholders 294.12 74241 Dividends declared for preferred stockholders 41.00 41.00 Net income 516.00 657.00 Calculate the payout ratio and return on common stockholders' equity for 2020 and 2019. (Round answers to 1 decimal place, es 12.5%) 2020 2019 Payout ratio % Return on common stockholders' equity 96

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