The financial statements of Limited Brands, Inc. , include the following selected data ($ in millions): sales,

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The financial statements of Limited Brands, Inc. , include the following selected data ($ in millions): sales, $9,043; net income, $220; beginning stockholders' equity, $2,219; and ending stockholders' equity, $1,874. Calculate the return on equity.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting

ISBN: 9780078110825

2nd Edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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