Multiple choice question,

please calculate EPS and P / E ratio

7. 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, hone of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 2012 $1,290 9,890 13.760 $24,940 $18,060 $43,000 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 Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity $8,170 6,020 4.730 $18,920 $8,815 $27,735 $5,805 9,460 $15,265 $43,000 2012 Income Statement (Millions of $) Net sales Operating costs except depreciation $51,600 48,246 903 $2,451 Depreciation Earnings bef interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income 927 $1,524 533 $990 Other data: Shares outstanding 500.00 (millions) Common dividends $346.67 (millions of $) Int rate on notes payable & 6.25% L-T bonds Federal plus state income 35% tax rate Year-end stock price $23.77 What is the firm's EPS? a. $2.36 b. $1.68 C. $1.98 d. $1.94 $1.62 What is the firm's P/E ratio? a. 12.0 b. 12.6 C. 13.2 d. 13.9 e 14.6