Problem 2-19 Debt versus Equity Financing (LG2-1) You are considering a stock investment in one of two firms (NoEquity, Inc. and NoDebt, Inc), both of which industry and have identical operating (on which it pays 10 percent interest annually) and $1 million in equity NoDebt, Inc. finances its $50 million in assets with no debt and $50 million in equity. Both firms pay a tax rate of 30 percent on their taxable income. operate in the same g income of $21.5 million. NoEquity, Inc. finances its $50 million in assets with $49 million in debt Calculate the net income and return on assets for the two firms. (Enter your dollar answers in millions of dollars. Round all answers to 2 decimal places.) Net