Company X and Y have the same EBIT, tax rate, and interest rate on debt. However, company X has a higher debt ratio. Given this information, which of the following statements is CORRECT? Company X pays less in taxes than Company Y. O Company X has a higher net income than Company Y. Company X has a higher TIE ratio than Company Y. Firms U and L both have the same amount of assets and the same ROIC. Firm U has no debt and only uses equity financing. Firm L is financed with 50% debt and 50% equity. Both firms have positive net income. Which of the following statements is CORRECT? a. Firm L has a higher ROE than Firm U. O b. The two companies have the same times interest earned (TIE) ratio. c. Firm L has a higher ROA than Firm U