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 2019 $4,200 17,500 20,300 $42,000 $28,000 $70,000 Total current assets Net plant and equipment Total assets Liabilities and Equity $27,531 Accounts payable Accruals Notes payable Total current liabilities 12,369 5,000 $44,900 Long-term bonds Total liabilities Common stock $9,000 $53,900 $3,864 Common stock Retained earnings Total common equity Total liabilities and equity $3,864 12,236 $16,100 $70,000 Income Statement (Millions of $) 2019 $112,000 104,160 2,240 Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes $5,600 840 $4,760 1,190 Net income $3,570 500.00 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 $1249.50 6% 25% $68.54 500.00 $1249.50 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 696 25% $68.54 Refer to Exhibit 4.1. What is the firm's return on invested capital? O a. 9.38% O b. 12.28% O c. 11.50% O d. 13.95% e. 10.49% 0Icon Key MC.04.126 13 A | MacBook Pro