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  3. computing return on equity selected 2020 balance s

Computing Return on Equity Selected 2020 balance sheet and annual income statement information for a...

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Computing Return on Equity Selected 2020 balance sheet and annual income statement information for a company ($ millions) follows. Account Amount Sales $22,052 Net income 2,550 Total assets 17,352 Average stockholders' equity 9,914 Enter the answer rounded to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. Return on equity X

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