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Baker Industries' net income is $24,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $26,000, long-term debt equals

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Baker Industries' net income is $24,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $26,000, long-term debt equals $80,000, and common equity equals $255,000. 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: oblem 4.05 (Price-Earnings Ratio): Not Answered Problem Walk-Through A firm has a profit margin of 6.5% and an equity multiplier of 2.0. Its sales are $110 million, and it has total assets of $66 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. % EO eBook A company has an EPS of $3.45, a book value per share of $33.12, and a market/book ratio of 3.2x. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places. eBook Henderson's Hardware has an ROA of 9%, a 6.5% profit margin, and an ROE of 16%. What is its total assets turnover? Do not round intermediate calculations. Round your answer to two decimal places. What is its equity multiplier? Do not round intermediate calculations. Round your answer to two decimal places. eBook Problem Walk-Through Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $16 per share and it has 5.5 million shares outstanding. The firm's total capital is $110 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places. %

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