Remaining Time: 3 hours, 49 minutes, 16 seconds. Question Completion Status: 5 poir QUESTION 13 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 2019 $4,200 Cash and securities Accounts receivable 17.500 20,300 Inventories $42.000 Total current assets $28,000 $70,000 Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals $22.509 14.391 6,000 Notes payable S42,900 Total current liabilities S11,000 Long-term bonds Total liabilities S53,900 $3,542 Common stock Cine AllAnswers to save all answers. Gone All Answers Save SIS Blackboard M Accounting Science Beard Club Car Payment a) Asos T Aso Remaining Time: 3 hours, 48 minutes, 55 seconds. 553,900 $3,542 Question Completion Status: Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity 12,558 S16,100 $70,000 2019 Income Statement (Millions of S) Net sales $105.000 97,650 2.100 Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) $5.250 1,020 $4,230 Taxes 1,058 Net income $2.538 500.00 $888.30 Other data: Shares outstanding (millions) Common dividends (millions of $) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 6% 40% $60.91 Click Save and Submit to save and submit. Click Save All Answers to save all answers. ch Nw Remaining Time: 3 hours, 48 minutes, 37 seconds. Question Completion Status: 2.100 $5.250 1,020 Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes $4,230 1,058 $2,538 Net income 500.00 $888.30 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 6% 40% $60.91 Refer to Exhibit 4.1. What is the firm's BEP? Do not round your intermediate calculatio a. 7.50% b. 7.58% c.7.20% d. 6.45% e. 9.30% AUCTION 14 Click Save and Submit to save and submit. Click Save All Answers to save all answers