Below are data taken from the financial statements of two companies in the same industry. Viola inc Tuba co Total assets $600 000 $600,000 Total liabilities 200,000 Total common equity 600.000 400,000 Income before interest & taxes 100 000 100,000 Taxes 25,000 20,000 Interest rate on liabilities 10% 10% Assume total assets and equity have not changed from the previous year. Drag and drop the correct answers. Instructions 1) Calculate the ROA for Viola Inc. 2) Calculate the ROA for Tuba Co. 3) Calculate the ROE for Viola Inc. 4) Calculate the ROE for Tuba Co. 5) As an equity investor, which company would you prefer to invest in? 1. ROA Choices for Viola Inc. A. 12.50% . 13.00% 13.50% 13.75% 2. ROA Choices for Tuba Co. 10.00% = M an emully investor which company would you prefer to invest in? Vinta 5. As an equity investor, which company would you prefer to invest in? Viola Inc. R. Tuba Inc. 1 ROA Choices for Viola Inc. 2 ROA Choices for Tuba Co. 3 ROE Choices for Viola Inc. ROE Choices for Tuba Co. Invest in Viola Inc. OR Tuba Co. A|B|C| D | E | F || G| H|| 1 J|K|L||M|N|| O POR