Question: 7. Problem 4.07 Click here to read the booket Potential Mine of Roe ROL AND ROIC taker Industries net income is $25,000, its interest expense
7. Problem 4.07 Click here to read the booket Potential Mine of Roe ROL AND ROIC taker Industries net income is $25,000, its interest expense is 56,000, and its tax rate is 35%. Its notes payable quals 527,000, long-term det equals $70,000, and common equity equal 5240,000. The finances with only debt and common equity, so it has no prefered stock. What are the firm's ROE and ROIC Round your answers to two decimal places. Do not round intermediate calculations ROE ROIC
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