Duffert Industries Has Total Assets of $1,050,000 and Total Current

Multiple Choice

Duffert Industries has total assets of $1,050,000 and total current liabilities (consisting only of accounts payable and accruals) of $150,000.Duffert finances using only long-term debt and common equity.The interest rate on its debt is 9% and its tax rate is 40%.The firm's basic earning power ratio is 15% and its debt-to capital rate is 40%.What are Duffert's ROE and ROIC? Do not round your intermediate calculations.

A) 9.04%;8.93%
B) 11.26%;9.14%
C) 12.65%;10.19%
D) 13.90%;10.50%
E) 16.12%;11.66%