subject
Business, 18.02.2020 04:38 mswillm

The W. C. Pruett Corp. has $650,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 12%. In addition, it has $800,000 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 $3.64 million, its average tax rate is 35%, and its profit margin is 6%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:20
In 2007, americans smoked 19.2 billion packs of cigarettes. they paid an average retail price of $4.50 per pack. a. given that the elasticity of supply is 0.50.5 and the elasticity of demand is negative 0.4−0.4, derive linear demand and supply curves for cigarettes. the demand equation is qdequals=nothingplus+nothing times ×p and the supply equation is qsequals=nothingplus+nothing times ×p.
Answers: 2
question
Business, 22.06.2019 04:00
Don’t give me to many notifications because it will cause you to lose alot of points
Answers: 1
question
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
question
Business, 22.06.2019 11:30
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
Answers: 1
You know the right answer?
The W. C. Pruett Corp. has $650,000 of interest-bearing debt outstanding, and it pays an annual inte...
Questions
question
English, 29.05.2020 03:57
question
Physics, 29.05.2020 03:57
question
Mathematics, 29.05.2020 03:57
question
Spanish, 29.05.2020 03:57
question
English, 29.05.2020 03:57