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The financial statements of Colorado Outfitters include the following selected data ( $ in millions): sales, $8,643; net income, $140; beginning stockholders' equity, $1,419; and

image text in transcribed The financial statements of Colorado Outfitters include the following selected data ( $ in millions): sales, $8,643; net income, $140; beginning stockholders' equity, $1,419; and ending stockholders' equity, $1,474. 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.)

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