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Duffert Industries has total assets of $1,020,000 and total current liabilities (consisting only of accounts payable and accruals) of $115,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 7% and its tax rate is 25%. The firm's basic earning power ratio is 16% and its debt-to-capital ratio [Long-term debt/(Long-term debt + Common Equity)] is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations.

a. 20.32%; 13.52%

b. 25.39%; 11.42%

c. 19.04%; 18.03%

d. 30.06%; 12.00%

e. 19.04%; 13.52%