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Computing Return on Equity Starbucks reports net income for 2015 of 52,558.4 milioni d i S. 716 million and 6.262 on for 2014
Formulating Financial Statements from Raw Data Folowing is selected financial information from Cisco Systems, Inc., for its f
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Answer #1

Return on Equity (ROE) = Net income/Average stockholders’ equity

Average stockholders’ equity = ($5,716 + $6,262)/2 = $11,978/2 = $5,989

Return on Equity = $2,558.4/$5,989 = 42.7%

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