ROE and ROIC Net income $25,000 Interest expense $4,000 Tax rate 40.00% Notes payable $26,000 Long-term debt $80,000 Common equity $255,000 Formulas ROE 9.80% #N/A Partial Income Statement: EBIT #N/A Interest $4,000.00 EBT #N/A Taxes #N/A Net income $25,000.00 Capital Summary: Notes payable $26,000.00 Long-term debt $80,000.00 Common equity $255,000.00 Total invested capital $361,000.00 =SUM(B20:B22) ROIC #N/A