Video Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $26000, its interest expense is $6000, and its tax rate is 45%. Its notes payable equals $23000, long-term debt equals $75000, and common equity equals $250000. 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. X Open spreadsheet What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations. ROE ROIC Check My Work Re Problem a Paste LUCU BI U Dab Hill E $ -% %2828 Format Painter Clipboard fo Cor Forre Undo Font Alignment Number B10 Net income Interest expense Tax rate Notes payable Long-term debt Common equity 6 $26,000 $6,000 45.00% $23,000 $75,000 $250,000 8 10 ROE Formulas #N/A #N/A Partial Income Statement: 13 EBIT 14 Interest 15 EBT 16 Taxes 17 Net income $6,000.00 #NA #N/A $26.000.00 19 Capital Summary: 20 Notes payable Long-term debt Common equity Total invested capital $23,000.00 $75,000.00 $250,000.00 #N/A 25 ROIC UNA Sheet1