For the year ended March 31, 2021, Saputo Inc. reported (in millions) revenue $14,293.9; profit $625.6; beginning

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For the year ended March 31, 2021, Saputo Inc. reported (in millions) revenue $14,293.9; profit $625.6; beginning shareholders’ equity $6,559.1; and ending shareholders’ equity $6,444.0. Calculate the return on equity.

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Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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