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Baker Industries' net income is $ 2 4 , 0 0 0 , its interest expense is $ 5 , 0 0 0 , and

Baker Industries' net income is $24,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $24,000, longterm debt equals $70,000, and common equity equals $245,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and ROIC? Do not round intermediate calculations. Round your answers to two decimal places.
ROE: %
ROIC: %
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