eBook Problem Walk-Through The W.C. Pruett Corp. has $750,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $600,000 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 $4.95 million, its average tax rate is 25%, and its profit margin is 2%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places TIE: X ROIC: Grade it Now Save & Continue Continue without saving