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Baker Industries net income is $24000, its interest expense is $4000, and its tax rate is 35%. Its notes payable equals $26000, long-term debt equals
Baker Industries net income is $24000, its interest expense is $4000, and its tax rate is 35%. Its notes payable equals $26000, long-term debt equals $70000, and common equity equals $250000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
Checkout Page >> X || Notary misconduc x Gr Resources List - CX Excel Online Activ x MindTap - Cengag X Excel Online Stude X C Get Homework He X G screenshot mac + F C about:blank R : !!! Apps Apps Bookmarks soundcloud M Gmail silver stem P PayPal UCDAccess - Univ... Tailor outlook home X Excel template - Saved File Home Insert Formulas Data Review View Help Tell me what you want to do Comments B Arial 10 AA == ab Wrap Text Percentage AT TIX AutoSum 27 O X Cut Copy Format Painter Paste BI U Dab U Dab NA Merge & Center Insert Delete Format 60 .00 00 0 $ % Clear Conditional Format Cell Formatting as Table Styles Tables Sort & Find & Filter Select Undo Clipboard Font Alignment Number Cells Editing B10 B D E F G H I J L M N o P Q R S $24,000 $4,000 35.00% $26,000 $70,000 $250,000 Formulas #N/A A 1 ROE and ROIC 2 3 Net income 4 Interest expense 5 Tax rate 6 Notes payable 7 Long-term debt 8 Common equity 9 10 ROE 11 12 Partial Income Statement: 13 EBIT 14 Interest 15 EBT 16 Taxes 17 Net income 18 19 Capital Summary: 20 Notes payable 21 Long-term debt 22 Common equity 23 Total invested capital 24 25 ROIC 26 #N/A $4,000.00 #N/A #N/A $24,000.00 $26,000.00 $70,000.00 $250,000.00 #N/A #N/A Sheet1 + Calculation Mode: Automatic Workbook Statistics Help Improve Office 100% + wsj idk which one.pdf Show AllStep by Step Solution
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