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please solve asap will rate Baker Industries' net income is $27,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable
please solve asap will rate 
Baker Industries' net income is $27,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $27,000, long-term debt equals $75,000, and common equity equais $260,000. The firm finances with only debt and common equity, so it has no preferted stock. What are the firm's ROE and ROtC? Do not round intermediate. calculations. Round your answers to two decimal places Step by Step Solution
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Introduction To Personal Finance Beginning Your Financial Journey
Authors: Lance Palmer, John E. Grable
2nd Edition
1119797063, 978-1119797067
