Question: Help me fast pleas Questions Problem 4.13 (TIE and ROIC Ratios) Question 7 of 11 5. X Check My Work (2 remaining) 6 eBook Problem

Help me fast pleas

Help me fast pleas Questions Problem 4.13 (TIE and ROIC Ratios) Question

Questions Problem 4.13 (TIE and ROIC Ratios) Question 7 of 11 5. X Check My Work (2 remaining) 6 eBook Problem Walk-Through 8. The W.C. Pruett Corp. has $700,000 of interest-bearing debt outstanding, and it pays 9. an annual interest rate of 12%. In addition, it has $600,000 of common equity on its balance sheet. It finances with only debt and common equity, so it has no preferred 10. O stock. Its annual sales are $2.52 million, its average tax rate is 25%, and its profit 11. O margin is 4%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places. TIE: X ROIC: Check My Work (2 remaining) Icon Key

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