Question: While calculating return on equity during fiscal year 2021 for several companies, Sheila obtained a surprising result for Lowe's: a negative ROE! Researching it

While calculating return on equity during fiscal year 2021 for several companies,

While calculating return on equity during fiscal year 2021 for several companies, Sheila obtained a surprising result for Lowe's: a negative ROE! Researching it further, she learned that its earnings was positive ($8,442 million), but it had negative total equity. Sheila is baffled; she was not aware that Lowe's was doing poorly. She has asked you for help.

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