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The financial statements of Colorado Outfitters, include the following selected data ($ in millions): sales, $9,543; net income, $320; beginning stockholders' equity, $3,219; and ending
The financial statements of Colorado Outfitters, include the following selected data ($ in millions): sales, $9,543; net income, $320; beginning stockholders' equity, $3,219; and ending stockholders equity, $2,374.
Calculate the return on equity. (Enter your answers in millions, not in dollars. Round your answers to 1 decimal place.)
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