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Answer the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have

Answer the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no other liabilities other than the debt shown. (All dollars are in millions.)

Atlantic Corporation Pacic Corporation

Earnings before interest and taxes $ 580 $ 500

Debt (at 7% interest) $ 320 $ 1,680

Equity $ 1,100 $ 370

calculate the ROE, ROA, and ROIC for each company

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