Back to Assignment Attempts: Average: /2 12. Problem 4.13 (TIE and ROIC Ratios) еВook The W.C. Pruett Corp. has $200,000 of interest-bearing debt outstanding, and it pays an annual interest rate of...

Extracted text: Back to Assignment Attempts: Average: /2 12. Problem 4.13 (TIE and ROIC Ratios) еВook The W.C. Pruett Corp. has $200,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 8%. In addition, it has $800,000 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 $0.8 million, its average tax rate is 30%, and its profit margin is 4%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places. TIE ROIC