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The financial statements of Colorado Outfitters include the following selected data ($ in millions): sales, $9.493; net income, $310: beginning stockholders' equity, $3,119; and ending

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The financial statements of Colorado Outfitters include the following selected data ($ in millions): sales, $9.493; net income, $310: beginning stockholders' equity, $3,119; and ending stockholders' equity, $2,324. Calculate the return on equity. (Enter your answer in millions. For example, $5,500,000 should be entered as 5.5. Round your intermediate calculations and final answers to 1 decimal place.) (5 in millions) Return on Equity Colorado Outfitters

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