Exhibit 4.1 The balance sheet and incon statement shown below are for Koski Inc. Note that the firm has no amortization charges, it d not lease any assets, none of its debt must be retired during the next 5 years, and the notes pible will be rolled over. Balance Sheet (Millions of Assets Cash and securities Accounts receivable Inventories Total current assets 2015 $ 2,500 11,500 16.000 $30,000 Net plant and equipment Total assets $20,000 $50,000 Liabilities and Equity Accounts payable Asstuals Notes payable Total current liabilities $ 9,500 5,500 7.000 $22,000 Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $15.000 $37,000 $ 2,000 11,000 $13,000 $50,000 Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings bef interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Intrate on notes payable & L-T bonds 2015 $87,500 81,813 1.531 $ 4,156 1,375 $ 2,781 973 $ 1,808 500.00 $632.73 6.25% Federal plus state income tax rate Year-end stock price 35% $43.39 10. What is the firm's TIE? a. 2.20 b. 2.45 c. 2.72 d. 3.02 e. 3.33 f No Idea 11. What is the firm's total debt to total capital ratio? a. 48.55% b. 53.95% c. 59.94% d. 62.80% e. 68.11% f. No Idea 12. What is the firm's ROA? 3.62% b. 3.98% c. 4.37% d. 4.81% e. 5.29% No Idea 13. What is the firm's ROE? 13.21% b. 13.91% c. 14.60% d. 15.33% e. 16.10% f. No Idea