Question: Computing Return on Assets and Applying the Accounting Equation Nordstrom Inc. reports net income of $564 million for its fiscal year ended February 2019.

Computing Return on Assets and Applying the Accounting Equation Nordstrom Inc. reports net income of $564 million for its fiscal year ended February 2019. At the beginning of that fiscal year, Nordstrom had $8,115 million in total assets. By fiscal year ended February 201 9, total assets had decreased to $7,886 million. What is Nordstrom's ROA? Round answer to one decimal place (ex: 0.2345= 23.5%).

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