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 $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation. Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes (25%) Net income Other data: Shares outstanding (millions) Common dividends (millions of $) 2021 O a. 29.18% Ob. 34.78% O c. 16.81% $ 4,200 17,500 20,300 $ 42,000 28,000 $ 70,000 $ 27,531 12,369 5,000 $ 44,900 9,000 $ 53,900 3,864 12,236 $ 16,100 $ 70,000 2021 $112,000 104,160 2,240 $ 5,600 840 $ 4,760 1,190 $ 3,570 500.00 $1,249.50 6% 25% $85.68 Int. rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price What is the firm's ROE? Do not round your intermediate calculations. Progr

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 inust be retired during the next 5 years, and the notes payable will be folled over. What is the firm's ROE? Do not round your intermediate calculations. a. 29.18% b. 34,78% c. 16.81% What is the firm's ROE? Do not round your intermediate calculations. a. 29.18% b. 34.78% c. 16.81% d. 29.57% e. 22.17%