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Help please! Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it

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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 S) Assets 2016 Cash and securities $2,145 Accounts receivable 8,970 Inventorics 12,480 Total current assets S23,595 Net plant and equipment S15,405 S39,000 Total assets Liabilities and Equity Accounts payable $7.410 Accruals 4,290 Notes payable 5,460 Total current liabilities $17,160) Long-term bonds $7,800 Total liabilities S24,960 Common stock $5,460) 9 590 Common stock $5,460 Retuined earnings 8,580) Total common equity $14,040 Total liabilities and equity S39,000 Income Statement (Millions of S) Net sales 2016 S58,500 $4,698 Operating costs except depreciation Depreciation 1,024 Earnings before interest and taxes (EBIT) $2.779 Less interest 829 Earnings before taxes (EBT) $1,950 Taxes 683 Net income $1,268 Other duta: Shares outstanding (millions) 50X),00 Common dividends (millions of S) S443.63 Int rate on notes payable & L-T bonds 6.25% Federal plus state income tax rate 35% Year-end stock price $30.42 Other data: Shares outstanding (millions) 500,00 Common dividends millions of s) 5443 63 Intrate on notes payuble & L-T bonds 6.25% Federal plus state income tax rate 35% Year-end stock price $30.42 Rcfer to Exhibit 4.1. What is the firm's profit margin? Do not round your intermediate calculations. 2.41% 1.99% 1.76% 2.17% 2.56%

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