13. Problem 4.13 (TIE and ROIC Ratios) A-Z eBook 1 Problem Walk-Through The W.C. Pruett Corp. hos $400,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 129. In addition, it has $300,000 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 $1.92 milion, its average tax rate is 25%, and its profit margin is 48 What are its the ratio and its return on invested capital (ROIC)? Round your answers to two decimal places TIE: ROIC