Question: ROE and ROIC Net income $ 2 7 , 0 0 0 Interest expense $ 5 , 0 0 0 Tax rate 4 5 .

ROE and ROIC
Net income $27,000
Interest expense $5,000
Tax rate 45.00%
Notes payable $26,000
Long-term debt $70,000
Common equity $245,000
ROE
Partial Income Statement:
EBIT
Interest $5,000.00
EBT
Taxes
Net income $27,000.00
Capital Summary:
Notes payable $26,000.00
Long-term debt $70,000.00
Common equity $245,000.00
Total invested capital
 ROE and ROIC Net income $27,000 Interest expense $5,000 Tax rate

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