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The W.C. Pruett Corp. has$200,000 of interest-bearing debt outstanding, and itpays an annual interest rate of 7%. In addition, it has$600,000 of common stock on

The W.C. Pruett Corp. has$200,000 of interest-bearing debt outstanding, and itpays an annual interest rate of 7%. 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. Itsannual sales are $1.02 million, its average tax rate is 25%, and its profit margin is 8%.What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places.

TIE:

ROIC:%

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