Question: Excel Online Structured Activity: ROE and ROIC Baker Industries net income is $26000, its interest expense is $6000, and its tax rate is 45%. Its

Excel Online Structured Activity: ROE and ROIC Baker Industries net income is $26000, its interest expense is $6000, and its tax rate is 45%. Its notes payable equals 526000, long-term debt equals 580000, and common equity equals 5245000. 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. Open spreadsheet What are the firm's Roland ROIC Round your answers to two decimal places. Do not round intermediate calculations ROE ROIC B ROE and ROIC Net income Interest expense Tax rate Notes payable Long-term debt Common equity $26,000 $6,000 45.00% $26,000 $80,000 $245,000 Formulas #N/A D ROE 1 #N/A $6,000.00 6 #N/A #N/A $26,000.00 2 Partial Income Statement: 3 EBIT 4 Interest 5 EBT Taxes 7 Net income 8 9 Capital Summary: 0 Notes payable 1 Long-term debt 22 Common equity 23 Total invested capital 24 25 ROIC 26 27 $26,000.00 $80,000.00 $245,000.00 #N/A #NA
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