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the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no
the following questions based on the information in the table. Assume a tax rate of 30 percent. For simplicity, assume that the companies have no other liabilities other than the debt shown. (All dollars are in millions.) Atlantic Corporation Pacic Corporation Earnings before interest and taxes $ 430 $ 510 Debt (at 7% interest) $ 290 $ 1,530 Equity $ 950 $ 370 a. Calculate each companys ROE, ROA, and ROIC. Note: Round your answers to 1 decimal place
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