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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 millions)
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 company's 2017 annual report: net sales $43,800, net income $390, beginning stockholders equity $2,580, and ending stockholders' equity $2.895. There were no dividends paid on prefered stock. Compute the return on common stockholders' equity. (Round answer to 2 decimal places, eg. 12.56%.) The return on common stockholders' equity ratio Click if you would like to Show Work for this question: Oren Show Werk LINK TO INTERACTIVE TUTOREAL Question Attempts: Unlimited SAVE FOR LATER agisturiid asrmt 1 79 1054#1 ce. Empty) pe here to search ER 19 11O 23 45 6 7
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