You have the following information about two firms, Debt Free, Inc. and Debt Spree, Inc. Both firms have the same prospects for sales and EBIT, and both have the same level of assets, tax rate and borrowing rate. They differ in their use of debt financing Bad year Normal year Good year Sales EBIT 200 12 275 34 380 51 Dobt Free 250 Dobt Spree 250 Total assets Tax rate Debt Equity Eorrowing rate 35% 35% 150 100 250 16% 16% Calculate the interest expense for each fim Interest e xpense for Debt Free Interest expense for Debt Spree Calculate the following items for cach firm for cach scenario (bad year, normal year, good yeary retun on assets (ROA), net profit, and returm on equity (ROE). (Use a minus sign to indicate negative answers. Round your answers to 2 decimal places.) Debt Free Debt Spree Net Profit ROA Net Profit ROE ROA ROE Bad year Normal year Good year