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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 annual report: net sales $ net income $
beginning stockholders equity $ and ending stockholders
equity $ There were no dividends paid on preferred
stock.
Compute the return on common stockholders
equity.Round answer to decimal places, eg
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