2) Consider the following data for two companies: Earnings before interest and taxes Debt (at 10% interest) Equity ALPHACO 800 400 1600 BETACO 840 2400 600 Both firms face a tax rate of 35%. a) Calculate the return on equity (ROE) for both firms. Show your work and express your answer to the nearest percent. (2 points) ROE of Alphaco = ROE of Betaco = b) which company has the higher ROE? Does this mean it is the better performer? Why or why not? (2 points) c) Calculate the return on invested capital (ROIC) for both firms. Show your work and express your answer to the nearest percent. (2 points) ROIC of Alphaco = ROIC of Betaco = d) Which company has the higher ROIC? Does this mean it is the better performer? Why or why not? (2 points)