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Compute its return on equity

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Question - Assume that Starbucks reported net income for a recent year of $564 million. Its stockholders' equity is $2,229 million and $2,090 million, respectively. Compute its return on equity.

a. 13.0%

b. 22.8%

c. 26.1%

d. 32.7%

Reference no: EM132629343

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