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Baker Industries net income is $25,000, its interest expense is $5,000, and its tax rate is 40%. Its notes payable equals $24,000. long term debt

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Baker Industries net income is $25,000, its interest expense is $5,000, and its tax rate is 40%. Its notes payable equals $24,000. long term debt equal $70,000, and common equity equals $250,000 firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations. ROE % ROIC %

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