Question: Excel Online Structured Activity: ROE and ROIC Baker Industres net income is $24000, its interest expense is $6000, and its tax rate is 40%. Its

Excel Online Structured Activity: ROE and ROIC Baker Industres net income is $24000, its interest expense is $6000, and its tax rate is 40%. Its notes payable equals $24000, long-term debt equals $80000, and common equity equals $250000. The firm finances with only debt and common equity, so it has ne preferred stock. The dota has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. ROE and ROIC

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