PLEASE HELP WITH THIS PROBLEM.. I HAVE TO SHOW ALL MY WORK AND I CAN'T FIGURE THIS OUT. I NEED SOMEONE TO WRITE IT OUT FOR ME.(Worried) THANKS SOO MUCH..IF YOU COULD PLEASE HELP.
OKAY HERE IT IS:
THE NET INCOME FOR MOORE CORPORATION WAS 1,500,000 AND THE RETURN ON EQUITY WAS 21. WHAT IS THE AMOUNT OF EQUITY TO THE NEAREST DOLLAR?
