Click here to read the eBook: Potential Misuses of Roe ROE AND ROIC Baker Industries' net income is $24,000, its interest expense is $4,000, and its tax rate is 45%. Its notes payable equals $26,000, long-term debt equals $75,000, and common equity equals $245,000. The firm finances with only debt and common equity, so it has no preferred stock hat are t e m s ROE and R 0 Round your answers to two decimal places. Do not round intermediate calculations. ROE ROIC