Total Shareholders' Equity$ 1,700.2$ 1,947.7

Additional information for 2013 is as follows (amounts in millions):

Total credit sales (all on credit) $4,123.4 Costs of goods sold 2,457.6 Net income 389.0

Required:

Compute the following ratios for 2013. Provide a brief description of what each ratio reveals about McCormick.

1. Return on common equity = $ (Round your answer to three decimal places.)

I did the following equations 389/((1700.2 + 1947.7)/2) and rounded the answer three decimal but I can not get the right answer.