Companies XYZ, Inc. and PRIT are competitors and have a return on invested capital (ROIC) of 12% and equal amount of assets. XYZ, Inc. is unleveraged, i.e., it is 100% equity financed, while PRIT is financed with 50% debt and 50% equity. PRIT's debt has an after-tax cost of 4.8%. Both companies have positive net income. Which would be correct statement regarding the comparison between the two companies?

Question 18 options:

a)	PRIT has a higher EBIT than XYZ, Inc.

b)	PRIT has a lower ROE than XYZ, Inc.

c)	PRIT has a lower ROA than XYZ, Inc.

d)	PRIT has a higher times interest earned ratio.