Question: Please answer, I will thumbs you up! Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%. Its

Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%. Its notes payable equals $27000, long-term debt equals $70000, and common equity equals $240000. 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. ROE and ROIC \begin{tabular}{lr} Net income & $25,000 \\ \hline Interest expense & $4,000 \\ \hline Tax rate & 40,00% \\ \hline Notes payable & $27,000 \\ \hline Long-term debt & $70,000 \\ \hline Common equity & $240,000 \end{tabular} \begin{tabular}{l|l} \hline ROE & \\ \cline { 2 - 2 } & \\ Partial Income Statement: \\ EBIT \\ Interest & \\ \hline EBT & $4,000.00 \\ \hline Taxes & \\ \hline Net income & $25,000.00 \\ \hline \end{tabular} Capital Summary: \begin{tabular}{|r|r|} \hline Notes payable & $27,000.00 \\ \hline Long-term debt & $70,000.00 \\ \hline Common equity & $240,000.00 \\ \hline \end{tabular} Total invested capital ROIC
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