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Answer the following questions based on the information in the table. Assume a tax rate of 3 0 percent. For simplicity, assume that the companies

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 $ 410 $ 490
Debt (at 7% interest) $ 290 $ 1,510
Equity $ 930 $ 370
a. Calculate each companys ROE, ROA, and ROIC.

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