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The W.C. Pruett Corp, has $200,000 of Interest-bearing debt outstanding, and it pays an annual interest rate of 11%. In addition, it has 5700,000 of

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The W.C. Pruett Corp, has $200,000 of Interest-bearing debt outstanding, and it pays an annual interest rate of 11%. In addition, it has 5700,000 of common equity on its balance sheet. It finances with only debt and common equity, so it has no preferred stock the annual sales are $0.96 million, its average tax rate is 25%, and its profit margin is 5% What are its TTE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places TIE: ROIC

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