Question: Check My Work OOOO . LE eBook Problem Walk Through Baker Industries' net income is $24,000, its interest expense is $6,000, and its tax rate

Check My Work OOOO . LE eBook Problem Walk Through Baker Industries' net income is $24,000, its interest expense is $6,000, and its tax rate is 25%. Its notes payable quals $23,000, long-term debt equals $75,000, and common equity equals $245,000. The firm finances with only debt 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 place. ROE: 9.6 A-Z HOIC 2.7 Feedback Incorrect Chickey W 3/22/2002

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