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Company Q Company R Net Income 350,760 376,900 Interest Expense 150,650 100,765 Effective Tax Rate 23.80% 25.70% Average LT Liab & Equity) 1,376,600 1,576,400 1.

Company Q Company R
Net Income 350,760 376,900
Interest Expense 150,650 100,765
Effective Tax Rate 23.80% 25.70%
Average LT Liab & Equity) 1,376,600 1,576,400
1. Please calculate the Return on Investments (ROI) for both companies. (30%)
(2-decimal places)
2. Which company is more appealing to invest in? Why? (20%)

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