Jaime has the following information about apple inc net, Ask an Expert

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Jaime has the following information about Apple Inc. Net income for the most recent fiscal year: $35145 million; sales revenue: $219609 million; total assets: $226503 million; total stockholder equity: $124317 million. What is Apple’s return on equity (ROE)? Express your answer in decimal form to 3 decimal places of accuracy.

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Financial Management, Finance

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