SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the
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SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions) was taken from the company’s 2017 annual report: net sales $40,597, net income $393, beginning common stockholders’ equity $2,581, and ending common stockholders’ equity $2,887. Compute the return on common stockholders’ equity.
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Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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