Click here to read the eBook: Potential Misuses of Roe ROE AND ROIC Baker Industries net income is S23,000 its interest expense is S4,000, and its tax rate is 40%, its notes payable equals s23,000, long-term det equals S80 000, sna common equity $255,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and ROTC? Round your answers to two decimal places. Do not ro intermediate calculations ROE ROIC