Baker Industries net incone is $25000, its interest expense is $6000 and its tax rate is 45%. Its notes payable equals $25000, long term debt equals $75000, and common equity equals $255000. 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 question below. What are the firms ROE and ROIC?

ROE and ROIC ROIC