Question: Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $27000, its interest expense is $5000, and its tax rate is 45%. Its

 Excel Online Structured Activity: ROE and ROIC Baker Industries' net income
is $27000, its interest expense is $5000, and its tax rate is

Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $27000, its interest expense is $5000, and its tax rate is 45%. Its notes payable equals $24000, long-term debt equals $75000, 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. Open spreadsheet What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations ROE ROIC Check My Work B10 K 1 ROE and ROIC Net income Interest expense Tax rate Notes payable Long-term debt Common equity $27,000 $5,000 45.00% $24,000 $75.000 $250.000 Formulas 10 ROE NA ANA $5.000.00 Partial income Statement: EBIT Interest 15 EBT Taxes 17 Not income NA NA $27.000.00 19 Capital Summary 20 Notes payable 21 Long-term det Common equity 23 Total invested capital $24.000.00 575.000.00 $250.000.00 ROC

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