Baker Industries' net income is $27,000, its interest expense is $5,000, and its tax rate is 45%. Its notes payable equals $25,000, long-term debt equals $75,000, and common equity equals $245,000. The firm finances with only debt and common equity, so it h- no preferred stock. What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculatione ens Navigation Menu ROE 11.02 ROIC 9.30 % % Hide Feedback Partially Correct