Question
ACT5725 Starbucks reports net income for 2015 of $2,880.4 million. Its stockholders' equity is $6,038 million and $6,584 million for 2014 and 2015, respectively. Compute
ACT5725
Starbucks reports net income for 2015 of $2,880.4 million. Its stockholders' equity is $6,038 million and $6,584 million for 2014 and 2015, respectively.
Compute its return on equity for 2015. Round answer to one decimal place (ex: 0.2345 = 23.5%)
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Internal Auditing Principles And Techniques
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke
2nd Edition
0894133268, 978-0894133268
