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Brief Exercise 11-10 SUPERVALU , one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in

Brief Exercise 11-10

SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions) was taken from the companys 2017 annual report: net sales $44,700, net income $435, beginning stockholders equity $2,670, and ending stockholders equity $2,975. There were no dividends paid on preferred stock. Compute the return on common stockholders equity. (Round answer to 2 decimal places, e.g. 12.56%.)
The return on common stockholders equity ratio

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