Excel Online Activity: ROE and ROIC X Question 1 0/25 D Video Submit Excel Online Structured Activity: ROE and ROIC Baker Industries' net income is 527000, its interest expense is $5000, and its tax rate is 40%. Its notes payable equals s26000, long-term debt equals $75000, and common equity equals $255000. The firm finances with only debt and common equity, so it has no preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. XE Open spreadsheet What are the firm's ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations. ROE ROIC Check My Work Reset Problem x Excel template - Saved File Home Insert Data Review View Help Tell me what you want to do Comments 5. Cut Arial 10 AA = = = AutoSum 47 O C Copy 29 Wrap Text E Merge & Center General $ % Paste BI U Dab A Format Painter Insert Delete Format Clear Conditional Format Formatting as Table Tables Sort & Find & Filter Select Editing Font Alignment Number Cells Undo Clipboard A1 fx ROE and ROIC B 1 ROE and ROIC F G H K L M N P Q R S Net income Interest expense Tax rate Notes payable Long-term debt Common equity $27,000 $5,000 40.00% $26.000 $75,000 $255,000 6 8 Formulas #N/A 10 ROE 27000/255000 #N/A $5,000.00 #N/A #N/A $27.000.00 12 Partial Income Statement: 13 EBIT 14 Interest 15 EBT 16 Taxes 17 Net income 18 19 Capital Summary: 20 Notes payable 21 Long-term debt 22 Common equity Total invested capital $26,000.00 $75,000.00 $255,000.00 #N/A ROIC #N/A Sheet1 +