Below are financial data on Bore Industries Inc. Assume that the corporate tax rate is 25%. Which of the following is true about the ROE and the ROIC for Bore?

	I.	The ROE is closest to 11.9% and the ROIC is closest to 14.7%.
	II.	The ROE is closest to 11.9% and the ROIC is closest to 13%.
	III.	The ROE is closest to 17.9% and the ROIC is closest to 13%.
	IV.	The ROE is closest to 17.9% and the ROIC is closest to 14.7%.

Income Statement in $-billions) Revenues Cost of Goods Sold Gross Profit $400.00 ($200.00) $200.00 Assets Cash & Short-Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Balance Sheet (in $-billions) Liabilities $15.00 Accounts Payable $60.00 Short-Term Debt $75.00 Current Maturities of Long-Term Debt $4.00 Other Current Liabilities $154.00 Total Current Liabilities $45.00 $25.00 $0.00 $15.00 $85.00 Selling, General, and Administrative Expenses Research and Development Depreciation & Amortization Operating Income ($30.00) ($50.00) ($50.00) $70.00 Property, Plant & Equipment $250.00 Long-Term Debt Less Accumulated Depreciation ($40.00) Capital Lease Obligations Net Property, Plant & Equipment $210.00 Total Debt $80.00 $0.00 $80.00 Other income EBIT $10.00 $80.00 Interest Expense Pretax Income Goodwill & Intangible Assets Other Long-Term Assets ($20.00) $10.00 ($7.50) $72.50 $90.00 Deferred Taxes $5.00 Other Long-Term Liabilities Income Tax Net Income ($18.13) $54.38 Total Liabilities $155.00 Shareholders' Equity $304.00 $459.00 Total Liabilities and Shareholders' Equity $459.00 Total Assets