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Did this repurchase increase or decrease starbucks roe

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Question - Computing Return on Equity - Starbucks reports net income for 2015 of $2,634.4 million. Its stockholders' equity is $5,605 million and $6,151 million for 2014 and 2015, respectively.

Starbucks repurchased over $1.4 billion of its common stock in 2015. Did this repurchase increase or decrease Starbucks' ROE?

If Starbucks had not repurchased common stock in 2015, what would ROE have been? Note: Round answer to one decimal place (example: 20.6%).

Reference no: EM133140581

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