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ACT5725 Assume Nordstrom Inc. reports net income of $667 million for its fiscal year ended January 2016. At the beginning of that fiscal year, Nordstrom

ACT5725

Assume Nordstrom Inc. reports net income of $667 million for its fiscal year ended January 2016. At the beginning of that fiscal year, Nordstrom had $9,467 million in total assets. By fiscal year ended January 2016, total assets had decreased to $7,920 million.

What is Nordstrom's ROA?

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