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 Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity 2019 $4,200 17.500 20.300 342.000 $28,000 $70,000 Accounts payable Accruals Notes payable Total current liabilities $27.531 12,369 5.000 $44,900 tong-term bonds Total abilities Common stock Retained earnings Total common equity Total liabilities and equiry $9,000 $53.900 $3,864 12.236 $16.100 $70,000 Income Statement (Millions of $) 2019 Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income $112,000 104,160 2,240 $5,600 840 $4,760 1.190 $3,570 Other data: Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $1249.50 69 25% $68.54 Refer to Exhibit 4.1. What is the firm's book value per share? Do not round your intermediate calculations. a. $31.88 b. $32.20 c. $29.95 d. $30.27 e. $24.79 Hide Feedback Incorrect 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 lcasc any assets, none of its debat must be retired during the next years, and the notes payable will be rollel over. Balance Sheet (Millions of Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity 2019 $4,200 17,500 20,300 $42.000 $28.000 $70,000 Accounts payable Accruals Notes payable Total current liabilities 527,531 12,369 5.000 $44,900 Long-term bonds Total liabilities Common stock Retained earnings Total common equlty Tocal liabilities and equity 59,000 $53,900 $3,864 12,236 $16,100 $70,000 Income Statement (Millions of s) 2019 Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income $112.000 104,160 2,240 $5,600 840 $4,760 1,190 $3,570 Other data: Shares outstanding (millions) Common dividends (millions of 5) Intrate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $1249.50 696 25% $68.54 Refer to Exhibit 4.1. What is the firm's days sales outstanding? Assume a 365-day year for this calculation. Do not round your intermediate caleulations. 2.51.90 b. 42.77 457.03 d. 66.16 EX e. 59.88 Hide Feedback Incorrect