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Sonova Corporation has an operating income (EBIT) of $230,000 and a 40% tax rate. The firm has short-term debt of $115,000, long-term debt of $321,000,

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Sonova Corporation has an operating income (EBIT) of $230,000 and a 40% tax rate. The firm has short-term debt of $115,000, long-term debt of $321,000, and common equity of $436,000. What is its return on invested capital (ROIC)? Your answer should be between 9.20 and 21.42, rounded to 2 decimal places, with no special characters. Question 20 5 pts Last year, Atlantic Richfield had sales of $325,000 and a net income of $27,700. The firm finances using only debt and common equity, and total assets equal total invested capital. Year-end assets were $250,000, and the firm's debt ratio (total-debt-to-total-capital ratio) was 15 %. What was their ROE? Your answer should be between 7.12 and 15.40, rounded to 2 decimal places with no special characters

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