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Che Total assets Tax rate Debt Equity Borrowing rate Debt Free Debt Spree 250 250 35 35 0 150 250 100 16 16 Calculate the

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Che Total assets Tax rate Debt Equity Borrowing rate Debt Free Debt Spree 250 250 35 35 0 150 250 100 16 16 Calculate the interest expense for each firm: Interest expense for Debt Free $ 0.00 24.00 Interest expense for Debt Spree Calculate the following items for each firm for each scenario (bad year, normal year, good year); return on assets (ROA), net profit, and return on equity (ROE). (Use a minus sign to indicate negative answers. Round your answers to 2 decimal places.) cenario ROA ROE ROA ROE Debt Free Not Profit 780] 2470 2990 Tad year Normal year Good year 312 Debt Spree Net Profit TO SO 1430 7808 9:00 30

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