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Corp. has $1,200,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $700,000 of common stock on

Corp. has $1,200,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $700,000 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 $6.45 million, its average tax rate is 25%, and its profit margin is 9.2%. What are its TIE ratio and its return on invested capital (ROIC)? Do not round intermediate calculations. Please round to 2 decimal places for the final answers.

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