Hi. I want to ask. If we want to find ROE (Return on Equity), we must know its net income and total common equity. May I know, total common equity is equal to 'total liabilities' right? Is it the same thing? Total common equity= Total liabilities Thank you in advance for answering.

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter12: Valuation: Cash-flow Based Approaches
Section: Chapter Questions
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Hi. I want to ask. If we want to find ROE (Return on Equity), we must know its net income and total common equity. May I know, total common equity is equal to 'total liabilities' right? Is it the same thing? Total common equity= Total liabilities Thank you in advance for answering.
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