Baker Industries net income is $25000, its interest expense is $6000, and its tax rate is 35%. Its notes payable equals $27000, long-term debt equals $70000, and common equity equals $245000. 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.

What are the firms ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations.

ROE	fill in the blank
ROIC	fill in the blank

Excel Online Structured Activity: ROE and ROIC the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. x What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations. \begin{tabular}{l|r} ROE & 10.2% \\ ROIC & % \end{tabular} ROE and ROIC \begin{tabular}{lr} \hline Net income & $25,000 \\ \hline Interest expense & $6,000 \\ \hline Tax rate & 35.00% \\ \hline Notes payable & $27,000 \\ \hline Long-term debt & $70,000 \\ \hline Common equity & $245,000 \\ \hline & \\ \hline ROE & \\ \hline Partial Income Statement: & \\ \hline EBIT & $6,000.00 \\ \hline Interest & \\ \hline EBT & \\ \hline Taxes & $25,000.00 \\ \hline Net income & \\ \hline & \\ \hline Capital Summary: & $27,000.00 \\ \hline Notes payable & $70,000.00 \\ \hline Long-term debt & \\ \hline Common equity & \\ \hline Total invested capital & \\ \hline \end{tabular}