16 pts Question 16 Everett Enterprises recently reported the following information: Net income $ 620,000 ROA 9% Interest expense $ 325,000 Accounts payable and accruals $500,000 Everett's tax rate is 48%. Everett finances with only debt and common equity, so it has no preferred stock. 70% of its total invested capital is debt, and 30% of its total invested capital is common equity. a. Calculate its operating return on assets (OROA), its return on equity (ROE), and its return on invested capital (ROIC). b. Describe the effect of increasing debt on ROE (assume total invested capital remains constant) HTML Editore BIVA-AIX E XX com is sharing your screen. Stop sharing Lido