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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

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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 Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable $30,00016,000$20,000$50,000 Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnin Total common Total liabilities Income Statem Net sales Operating costs Depreciation Earnings bef i Less interest Earnings before Taxes Net income Other data: 500.00 $632.73 6.25% 35% $43.39 Common dividends Int rate on notes payable \& L-T bonds 2012$87,50081,8131,531$4,1561,375$2,7819731,808 Federal plus state income tax rate Year-end stock price NOWC 2011=$12,000 Gross Plant and Equipment 22011=$15,000 1) Refer to Exhibit 4.1. What is the firm's ROE using the Dupont Formula and its FCF

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