10 19 12 Exhibit 4.1 The balance sheet and income statement shown below are for enkel Inc. More that the firms to the payable will be rolled over 12 11 1 Balance Sheet (Millions or s) Assets Cash and securities Accounts receivable Inventories 2019 54,200 17.500 20.300 Total current assets $42,000 $28.000 $70,000 Net plant and equipment Total assets Liabilities and Equity Accounts payable $22,509 14,391 Accruals 6,000 Notes payable S42,900 Total current liabilities $11,000 S53,900 Long-term bonds $3,542 Total liabilities 12,558 Common stock $16,100 Retained earnings common equity 15 12 Kolained earning Total common cquity Total liabilities and equity 2019 3105800 Income Statement (Millions of S) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) 97.650 2.100 $5.250 Less interest 1,020 S4,230 Earnings before taxes (EBT) Taxes 1,058 52,538 Net income 500.00 Other data: Shares outstanding (millions) $888.30 6% Common dividends (millions of S) 40% Int rate on notes payable & L-T bonds Federal plus state income tax rate $60.91 Year-end stock price Refer to Exhibit 4.1. What is the firm's operating margin' Do not round your intermediate calculations. a. 4.6596 b. 5.00% c. 3.80% d. 3.90% e. 5.60% Refer to Exhibit 4.1. What is the firm's ROA? Do not round your intermediate calculations. O a. 4.17% b. 2.90% c. 3.63% O d. 2.83% O e. 3.0896 Refer to Exhibit 4.1. What is the firm's ROE? Do not round your intermediate calculations, O a. 16.39% Ob.16.24% O c. 16.55% d. 15.76% e. 14.35% Refer to Exhibit 4.1. What is the firm's profit margin? Do not round your intermedinte calculations. O a. 2.68% b. 2.30% O c. 2.88% O d. 2.37% O e. 2.42% Refer to Exhibit 4.1. What is the firm's inventory tumover ratio? Do not round your intermediate calculations. a. 4.50 b. 5.17 Oc5.33 d. 5.38 O e. 6.36 Refer to Exhibit 4.1. What is the firm's market-to-book ratio? Do not round your intermediate calculations O a. 1.55 Ob 1.42 Oc1.82 O d. 1.72 e. 1.89