Business
Business, 11.07.2019 22:30, Isactuallycarter99

Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?

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Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. i...

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