year 1: net income $,2377 stockholders equit ending balance $10843, year2: net income 2350 stockholders equit ending balance $12332, year3: net income $,2679 stockholders equit ending balance $11079, year4: net income $,3134 stockholders equit ending balance $13103, year 5 net income $,3659 stockholders equit ending balance $15584, year6: : net income $,4002 stockholders equit ending balance $18705, Calculate the return on equity for Costco for Year 2 through Year 6 in Excel. Carry your answers to three decimal places. Note: Enter the answer rounded to three digits after the decimal; for example, enter 1.422 for 1.4224, or enter 1.423 for 1.4225.

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To calculate the return on equity ROE for Costco for Year 2 through Year 6 you need to divide t... View the full answer