7. 8. 9. eBook Problem Walk-Through The W.C. Pruett Corp, has $700,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $100,000 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 141 million, its average tax rate is 25%, and its profit margin is 6%. What are its the ratio and its return on invested capital (ROIC)? Round your answers to two decimal places. 10. 11. TIE: ROIC