Question: The W . C . Pruett Corp. has $ 7 0 0 , 0 0 0 of interest - bearing debt outstanding, and it pays
The WC Pruett Corp. has $ of interestbearing debt outstanding, and it pays an annual interest rate of In addition, it has $ of common stock on its balance sheet. It finances with only debt and common equity, so it has no preferred stock. Its annual sales are $ million, its average tax rate is and its profit margin is What are its TIE ratio and its return on invested capital ROIC Round your answers to two decimal places.
RIE:
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