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Can you add in excel entries too? Thank you! Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $24000, its interest expense
Can you add in excel entries too? Thank you!
Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is $24000, 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 $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 questions below. Open spreadsheet 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 & % \\ ROIC & % \end{tabular} \begin{tabular}{|c|c|c|c|} \hline A & B & C & D \\ \hline \multicolumn{4}{|l|}{ ROE and ROIC } \\ \hline Net income & $24,000 & & \\ \hline Interest expense & $6,000 & & \\ \hline Tax rate & 35.00% & & \\ \hline Notes payable & $27,000 & & \\ \hline Long-term debt & $70,000 & & \\ \hline \multirow{2}{*}{ Common equity } & $255,000 & & \\ \hline & & & Formulas \\ \hline ROE & 9.41% & & \#N/A \\ \hline \multicolumn{4}{|l|}{ Partial Income Statement: } \\ \hline EBIT & & hs & \#N/A \\ \hline Interest & $6,000.00 & & \\ \hline EBT & & & \#N/A \\ \hline Taxes & & & \#N/A \\ \hline Net income & $24,000.00 & & \\ \hline \multicolumn{4}{|l|}{ Capital Summary: } \\ \hline Notes payable & $27,000.00 & & \\ \hline Long-term debt & $70,000,00 & & \\ \hline Common equity & $255,000.00 & & \\ \hline Total invested capital & $352,000.00 & & =SUM(B20:B22) \\ \hline ROIC & & & \#N/A \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Step by Step Solution
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