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Brief Exercise 14-06 SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions)
Brief Exercise 14-06 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 2020 annual report: net sales 540,890, net income $440, beginning common stockholders' equity $2,650, and ending common stockholders' equity 52,852. Compute the return on common stockholders' equity. (Round answer to 1 decimal place, e.g. 10.5%.) Return on common stockholders' equity % Click if you would like to Show Work for this question: Open Show Work
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