Question: ack to Assignment Adapt Keep the Highest 10 3. Problem 4.07 (ROE and ROIC) ebook # Problem Walk Through Baker Industries net income is $24.000,

ack to Assignment Adapt Keep the Highest 10 3. Problem 4.07 (ROE and ROIC) ebook # Problem Walk Through Baker Industries net income is $24.000, its interest expense is $6,000, and its tax rate is 28%. Its notes payable quais $23.000, long-term debt equals 500,000, and common equity equals $240,000. The firm finances with only debit and common equity, so it has no preferred stock What are the firm's ROE and ROIC Do not round intermediate calculations. Round your answers to two decimal places ROE ROIC Grade it Now Save & Continue Continue without saving

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