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Please round to 3 decimal places, THANK YOU 12% interest on its debt, whereas LL has a 20% debt-to-capital ratio and pays only 8% interest

image text in transcribedPlease round to 3 decimal places, THANK YOU

12% interest on its debt, whereas LL has a 20% debt-to-capital ratio and pays only 8% interest on its debt. Neither firm uses preferred stock in its capital structure. a. Calculate the return on invested capital (ROIC) for each firm. Round your answers to two decimal places. ROICforfirmLL:ROICforfirmHL:%% b. Calculate the return on equity (ROE) for each firm. Round your answers to two decimal places. ROE for firm LL: ROE for firm HL: for LL. Round your answer to two decimal places

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