SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis....
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Accounting
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 2020 annual report: net sales $41,810, net income $407, beginning common stockholders' equity $2,615, and ending common stockholders' equity $2,894. Compute the return on common stockholders' equity. (Round answer to 1 decimal place, e.g. 10.5%) Return on common stockholders' equity
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