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Question 4 6 pts The Benson Corporation has $500,000 of debt outstanding, and it pays an interest rate of 10 percent annually. Benson's annual sales

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Question 4 6 pts The Benson Corporation has $500,000 of debt outstanding, and it pays an interest rate of 10 percent annually. Benson's annual sales are $4 million, its average tax rate is 20 percent, and its net profit margin on sales is 5 percent. What is Benson's TIE ratio? Question 5 6 pts Henderson Corporation has $20 million of assets and a pasic earning power ratio of 20 percent. Henderson will own have all of its income from operating income. Henderson has financed 40 percent of its assets with debt at a 8 percent interest rate. Assuming a 30 percent federal-plus-state tax rate on all taxable income, what is Henderson's ROE? (Round to four decimal places and enter as a decimal instead of a percentage)

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