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What is nokia return on equity

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Nokia manufactures, markets, and sells phones and other electronics. Assume that Nokia reported net income of €3,582 on sales of €34,191 and total stockholders' equity of €14,576 and €14,871, respectively.

Problem 1: What is Nokia's return on equity?

a. 24.3%

b. 42.3%

c. 17.7%

d. 10.5%

Reference no: EM132630559

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