Check My Work (3 remaining) eBook Problem Walk-Through The W.C. Pruett Corp. has $900,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $800,000 of common equity on its balance sheet. It finances with only debt and common equity, so it has no preferred stock. Its annual sales are $5.13 million, Its average tax rate is 25%, and its profit margin is 6% What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places 6.07 TIE: ROIC: 18.12 % Hide Feedback Partially Correct