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Duffert Industries has total assets of $970,000 and total current liabilities (consisting only of accounts payable and accruals) of $115,000. Duffert finances using only long-term

Duffert Industries has total assets of $970,000 and total current liabilities (consisting only of accounts payable and accruals) of $115,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 9% and its tax rate is 25%. The firm's basic earning power ratio is 17% and its debt-to capital ratio [Long-term debt/(Long-term debt + Common Equity)] is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations.
a. 8.86%; 12.73%
b. 19.61%; 14.46%
c. 10.90%; 12.44%
d. 15.54%; 16.06%
e. 12.68%; 14.03%

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