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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 taken from
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 2020 annual report: net sales $40,930, net income $449, beginning common stockholders equity $2,629, and ending common stockholders equity $2,884.
Compute the return on common stockholders equity. (Round answer to 1 decimal place, e.g. 10.5%.) Return on common stockholders equity _______ %
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