Exhibit 4.1 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 Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity 2019 $4,200 17,500 20,300 $42,000 $28,000 $70,000 Accounts payable Accruals Notes payable Total current liabilities $27,531 12,369 5,000 $44,900 Long-term bonds Total abilities Common stock Retained earnings Total common equity Total abilities and equity $9,000 $53,900 $3,864 12,236 $16,100 $70,000 Income Statement (Millions of $) 2019 Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes $112,000 104,160 2,240 $5,600 840 $4,760 1,190 $3,570 Net income 500.00 Other data: Shares outstanding (millions) Common dividends (millions of $) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price $1249.50 6% 25% $68.54 Refer to Exhibit 4.1. What is the firm's inventory turnover ratio? Do not round your intermediate calculations. a. 4.63 Ob. 5.52 Oc. 4.41 Od. 6.62 Oe. 4.97