Question: Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $27000 its interest expense is 4000, and its tax rate is 45%. Its

Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $27000 its interest expense is 4000, and its tax rate is 45%. Its notes payable equals $23000 long term debt equals $70000 and common equity equals $260000. 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 ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calaulations. ROE ROIC Check My Work

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