(Answered) Question - nokia corp manufactures markets and sells phones

Accounting

Question - Nokia Corp. manufactures, markets, and sells phones and other electronics. Stockholders' equity for nokia are €18,231 in 2011 and €13,916 in 2010. In 2011, Nokia reported a loss of €1,489 on sales of €39,659.

a. What is Nokia's return on equity for 2011? (Round answer to one decimal place.)

b. Nokia's total assets were €36,205 at the end of 2011. Compute its debt-to-equity ratio. (Round answer to one decimal place.)

c. What are total expenses for Nokia in 2011?

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