The following information (in $ millions) comes from the Annual Report of Saratoga Springs Company...
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The following information in $ millions comes from the Annual Report of Saratoga Springs Company for the year ending : Year ended Net sales $ Cost of goods sold Selling and administrative expense Interest expense Income before taxes Net income Cash and cash equivalents $ $ Receivables, net Inventories Land, buildings and equipment at cost net Total assets $ $ Total current liabilities $ $ Longterm debt Total liabilities $ $ Total stockholders' equity $ $ Required: Compute the return on equity for for Saratoga Springs Company. Note: Round your answer to decimal place, eg as
The following information in $ millions comes from the Annual Report of Saratoga Springs Company for the year ending :
Year ended
Net sales $
Cost of goods sold
Selling and administrative expense
Interest expense
Income before taxes
Net income
Cash and cash equivalents $ $
Receivables, net
Inventories
Land, buildings and equipment at cost net
Total assets $ $
Total current liabilities $ $
Longterm debt
Total liabilities $ $
Total stockholders' equity $ $
Required:
Compute the return on equity for for Saratoga Springs Company.
Note: Round your answer to decimal place, eg as
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