Net income $1,980 Other data: Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $693.00 6% 40% $47.52 Refer to Exhibit 4.1. What is the firm's return on invested capital? a. 6.03% 6.7644 c. 3.63 6.8.32 Question 1 of 20 Su Test for Grading 90 000 DO 75 2 FB $ 19 VO 0) TE A FW Gde 012 U 6 & 7 8 9 ) 0 + Il R I V delete x 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 5) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Labies and Equity Accounts payable Accruals Notes payable Total current liabilities 2018 $3,000 15.000 18,000 $36,000 $24,000 $60,000 3. 13 14 $18,630 8.370 6.000 333,000 19 Long term bonds Totales Commons Rendering Total common equity Totes and equity 59,000 542,000 15.040 12.000 $18,000 560.000 Income Statement of 30 000 F7 FB ) U 4 * 5 6 & 7 8 9 0 ll E delete R 2018 Income Statement (Millions of 5) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT 584,000 78,120 1,680 $4,200 900 Net income $3,300 1,320 $1,980 Other data Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable BLT bonds Federal plus state income tax rate Year-end stock price 500.00 5693.00 6% 4096 547.52 Refer to Exhibit 4.1. What is the firm's return on invested capital? d. 6.41 Net income $1,980 Other data: Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $693.00 6% 40% $47.52 Refer to Exhibit 4.1. What is the firm's return on invested capital? a. 6.03% 6.7644 c. 3.63 6.8.32 Question 1 of 20 Su Test for Grading 90 000 DO 75 2 FB $ 19 VO 0) TE A FW Gde 012 U 6 & 7 8 9 ) 0 + Il R I V delete x 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 5) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Labies and Equity Accounts payable Accruals Notes payable Total current liabilities 2018 $3,000 15.000 18,000 $36,000 $24,000 $60,000 3. 13 14 $18,630 8.370 6.000 333,000 19 Long term bonds Totales Commons Rendering Total common equity Totes and equity 59,000 542,000 15.040 12.000 $18,000 560.000 Income Statement of 30 000 F7 FB ) U 4 * 5 6 & 7 8 9 0 ll E delete R 2018 Income Statement (Millions of 5) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT 584,000 78,120 1,680 $4,200 900 Net income $3,300 1,320 $1,980 Other data Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable BLT bonds Federal plus state income tax rate Year-end stock price 500.00 5693.00 6% 4096 547.52 Refer to Exhibit 4.1. What is the firm's return on invested capital? d. 6.41