Calculate the return on equity

Assignment Help Financial Accounting

Reference no: EM131212801

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.)

Reference no: EM131212801

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Calculate the return on equity : 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.

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