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10% interest on its debt. Neither firm uses preferred stock in its capital structure. a. Calculate the return on invested capital (ROIC) for each firm.

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10% interest on its debt. Neither firm uses preferred stock in its capital structure. a. Calculate the return on invested capital (ROIC) for each firm. Round your answers to two decimal places. ROIC for firm LL: % ROIC for firm HL: % b. Calculate the return on equity (ROE) for each firm. Round your answers to two decimal places. ROE for firm LL: ROE for firm HL: % % places. %

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