Chapter 4 Assignment Assignment: Chapter 4 Assignment Assignment Score: 0.00% Save Submit Assignment for Grading Problem 4.13 Questions 2. Question 4 of 17 Check My Work (s remaining) 3. 4. 5. O 6. Click here to read the eBook: Debt Management Ratios TIE AND ROIC RATIOS The W.C. Pruett Corp, has $700,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 11%. In addition, it has $700,000 of common stock on its balance sheet. It finances with only debt and common equity, so it has no preferred stock. Its o annual sales are $4.41 million, its average tax rate is 40%, and its profit margin is 8%. What are its TIE ratio and its return on Invested capital (ROIC)? Round your answers to two decimal places. TIE 7. 8. 9. . ROIC 10 . 11. . 12. 13. O 14 o . 15. 16. O Check My Work (5 remaining) 17. A 0 Icon Key