
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN: 9780357033609
Author: Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher: Cengage Learning
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financial accounting answ

Transcribed Image Text:Starbucks reports a net income for 2015 of
$2,558.4 million. Its stockholders' equity
is $5,716 million and $6,262 million for
2014 and 2015, respectively.
Compute its return on equity for 2015.
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