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SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information ( in millions ) was

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 $44,597, net income $393,
beginning stockholders equity $2,581, and ending stockholders
equity $2,887. 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%.)

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