AGE MINDTAP Search this course e Activity: ROE and ROIC X Vides Excel Online Structured Activity: ROE and ROIC A-Z Baker Industries net income is $27000, its interest expense is $1000, and its tax rates%. Its noties payable equals 527000, long term debt equals $70000, and common equity equals $250000. The firm finances with only debt and common equity, so it has no preferred stock The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. JAI Open spreadsheet What are the firm's ROE and ROIC Round your answers to two decimal places. Do not round intermediate calculations ROE ROIC w Check My Work Reset Problem B YA 2 LE A ROE and ROIC B . D E F G H 1 2 K M N 0 $27,000 $4,000 35.00% $27,000 570,000 $250,000 Formula PNIA Net incomo 4 Interest expense 5 Tax rate 6 Notas payable 7 Long-term debit - Common equily 9 10 ROE 11 12 Partial income Statement 13 EBIT 14 interest 15 EBT 16 Taxes 17 Net Income 18 19 Capital Summary: 20 Notes payable 21 Long-term debt 22 Common equity 23 Total invested capital MNIA $4,000,00 WNA NNIA $27,000.00 $27,000.00 $70,000.00 $250,000.00 WNA B Sheeti +