here is a more clear photo. please help

3. Problem 13.05 (Financial leverage Effects) ebook Firma Hand ul are identical except for the financial leverage rates and the interest rates they pay on debit. Each has $30 million in invested capital has 54.5 million of out, and is in the 255 federal-plus-state tax bracket. HL, however, has a debt-to-capeal ratio of 60% and eys 12 interest of its debt, wereas L has a 35% debt-to-capital rate and pays only 10% interest its debt. Weiter fit uses preferred stock in its capital structure a Calculate the return on invested capital (ROI) for each tom. Round your swers to two decimal places ROIC for fum ROX for firm Calculate the rate of return on (ROE) for nachfound your neerste two decimal places ROE for firm ROE for tim Og has the ROT, 't thinking of wing the one to capital to 60% theo that westeder 15. Caled the ROC For Sound your awer to two decal places 3. Problem 13.05 (Financial Leverage Effects) etlook Firms and LL are dentical except for their financial leverage ratios and the interest rates they may on debt. Each has $30 million in invested capital has $45 milion of Brands in the 25 Iederal-plus-state tax bracket. Form HL, however, has a debt to capital ratio of 60% and pays 12% interest on its debt, whereas LL has a 35% debt-to-capital ratio and pay only 10% interest on its debt. Neither them user preferred stock in its capital structure Calculate the return on invested capital (OIC) for each firm. Round your answers to two decimal places ROIC for fum HOIC for fim HS b. Calculate the role of return on ny (R) for each form found your answers to two decimal places HOE for fum. ROE for Tim HL Observing that has a higher RE, LU's true thinking of wing the debto carta ratio from 5 to 60mven though that we increase th's interest rate of all detto 15% Calculate the new Roe for LL. Round your answer to two decimal place