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The financial statements of Trail Apparel include the following selected data (in millions): Required: 1. Calculate the return on equity for 2015. (Round your answer
The financial statements of Trail Apparel include the following selected data (in millions): Required: 1. Calculate the return on equity for 2015. (Round your answer to 1 decimal place.) Calculate the return on the market value of equity for 2015. (Round your answer to 1 decimal place.) Calculate the price-earnings ratio for 2015. (Do not round your intermediate calculations. Round your answer to 1 decimal place.)
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