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Exhibit 41 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 wl be rolled over Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current a $3,000 15,000 18,000 36,000 $24,000 Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current 18,630 8,370 6,000 $33,000 9,000 $42,000 $5,040 12,960 $18,000 Long-term bonds Total liabilities mon stock Total common equity Total liabilities and equity 2018 $84,000 Income Statement (Millions of s) Operating costs except depreciation Depreciation 78,120 $4,200 $3,300 $1,980 Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Other data: Other data: Shares outstanding (millions) Common dividends (millions of $) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $693.00 696 40% $47.52 Refer to Exhibit 4.1. What is the firm's P/E ratio? Do not round your intermediate calculations a, 12.6 b. 13.2 14.6 d. 13.9 e12.0