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4. (20pts) The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not

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4. (20pts) The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Calculate the following financial ratios for the firm (1) Current Ratio (2) Quick Ratio (3) Days Sales Outstanding (Assume a 365-day year) (4) Inventory Turnover (5) Total Debt to Capital Ratio (6) TIE (7) ROA (8) ROE (9) ROIC (10) P/E \begin{tabular}{|c|c|c|c|} \hline Balance Sheet (Millions of S) & 2022/12/31 & Income Statement (Millions of \$) & 2022 \\ \hline Assets & & Net sales & $58,500 \\ \hline Cash and securities & $2,1458,970 & OperatingcostsexceptdepreciationDepreciation & 54,6981,024 \\ \hline Accounts receivable & 8.97012,480 & DepreciationEarningsbeforeinterestandtaxes(EBIT) & $2,779 \\ \hline Inventories & $23,59512,400 & Earningsbeforeinterestandtaxes(EBit)Lessinterest & 829 \\ \hline Total current assets & $15,405 & Eamings before taxes (EBT) & $1,950 \\ \hline NetplantandequipmentTotalassets & $39,000 & Eamingsbetoretaxes(ED)Taxes & 683 \\ \hline TotalassetsLiabilitiesandEquity & & Net income & $1,268 \\ \hline LiabilitiesandEquityAccountspayable & $7,410 & & \\ \hline AccountspayableAccruals & 4,290 & Other data: & \\ \hline & 5,460 & Shares outstanding (millions) & 500.00 \\ \hline Total current liabilities & $17,160 & Common dividends (millions of \$) & $443.63 \\ \hline Long-term bonds & $7,800 & Interest rate on notes payable \& L-T bonds & 6.25% \\ \hline Total liabilities & $24,960 & Federal plus state income tax rate & 35% \\ \hline Common stock & $5,460 & Year-end stock price & $30.42 \\ \hline Retained earnings & 8.580 & & \\ \hline Total common equity & $14,040 & & \\ \hline Total liabilities and equity & $39,000 & & \\ \hline \end{tabular}

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