Question: Excel Online Structured Activity: ROE and ROIC Baker l dust es net income is S25000 ts interest expense is $5000, and its tax rate is
Excel Online Structured Activity: ROE and ROIC Baker l dust es net income is S25000 ts interest expense is $5000, and its tax rate is 40%. Its notes payable equals $23000 long-term debt equals $80000, and common equity equals $250000 The firm finances with only dett and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below perform the required analysis to answer the questions below Open the spreadsheet and Open spreadshet What are the firm's ROE and ROJC? Round your ROE ROIC answers to two decimal places. Do not round intermediate caloulations. 1 ROE and ROIC 3 Net income 4 Interest expense 5 Tax rate 6 Notes payable 7 Long-term debt 8 Common equity 9 $25,000 $5,000 40.00% $23,000 $80,000 $250,000 10 ROE Formulas #N/A 12 Partial Income Statement: 13 EBIT 14 Interest 15 EBT 16 Taxes 17 Net income 18 19 Capital Summary: 20 Notes payable 21 Long-term debt 22 Common equity 23 Total invested capital 24 25 ROIC 26 #N/A $5,000.00 #N/A #N/A $25,000.00 $23,000.00 $80,000.00 $250,000.00 #N/A HNIA
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