1. Nokiamanufactures, markets, and sells phones and other electronics. Assume that Nokia reported net income of 3,582 on sales of 34,191 and total stockholders' equity of 14,576 and 14,871, respectively.
2. What is Nokia's return on equity?
3. a. 24.3% b. 42.3% c. 17.7% d. 10.5%