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. 19.61%; 19.29%

b. 19.61%; 14.46%

c. 26.14%; 11.76%

d. 32.14%; 12.75%

e. 20.87%; 14.46%