Question: Video Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%.

Video Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%. Its notes payable equals $24000, long-term debt equals $80000, 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. 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 Reset Problem 19 FOR Der Tables Cell D E G Formulas NA B 3 Net income $25,000 4 Interest expense $4,000 5 Tax rate 40.00% 6 Notes payable S24.000 7 Long-term debt $80.000 8 Common equity $240,000 9 10 ROE 11 12 Partial Income Statement: 13 EBIT 14 Interest $4,000.00 15 EBT 16 Taxes 17 Net income $25,000.00 18 19 Capital Summary: 20 Notes payable $24,000.00 21 Long-term debt $80,000.00 2 Common equity 5240.000.00 NIA ONA ANA Sheet + Calculation Mode Automatic Workbook Statis
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