What is the firms TIE? Don't round immediate calculations.

A. 6.28

B. 3.91

C. 5.15

D. 5.04

E. 4.58

The balance sheet and income statement shown below are for Koskj Inc. Note that the finn has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the noles payable will be rolled over: \begin{tabular}{|c|c|} \hline Long-term bonds & $11,000 \\ \hline Total liabilities & $53,900 \\ \hline Common stock & $3,542 \\ \hline Retained earnings & 12,558 \\ \hline Total common equity & $16,100 \\ \hline Total liabilities and equity & $70,000 \\ \hline Income Statement (Milions of \$) & 2019 \\ \hline Net sales & $105,000 \\ \hline Operating costs except depreciation & 97,650 \\ \hline Depreciation & 2,100 \\ \hline Earnings before interest and taxes (EBIT) & $5,250 \\ \hline Less interest & 1,020 \\ \hline Earnings before taxes (EBT) & $4,230 \\ \hline Taxes & 1,058 \\ \hline Net income & $2,538 \\ \hline \end{tabular} Other data: \begin{tabular}{ll} \hline Shares outstanding (millions) & $00.00 \\ Common dividends (millions of $ ) & $888.30 \\ Int rate on notes payable \& L-T bonds & 6% \\ Federal plus state income tax rate & 40% \\ Year-end stock price & $60.91 \end{tabular}