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Baker industries' net income is $24,000, its interest expense is $4,000, and its tax rate is 25%. Its notes payable equals $24,000, lang-term debt equals

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Baker industries' net income is $24,000, its interest expense is $4,000, and its tax rate is 25%. Its notes payable equals $24,000, lang-term debt equals $75,000, and cammon equity equals $240,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firmi kof and ROiCl Do not round intermediate caiculations. Round your answers to two decimal places. noe: 0% notc: (3=

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