Question: Please,I need help ASAP with this question below: Exhihit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the
Please,I need help ASAP with this question below:


Exhihit 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 asscts, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over Balance Sheet (Millions of $) 2018 $3,000 15,000 18,000 36,000 $24,000 560,000 Cash and securities Accounts receivable Total cument assets Net plant and equipment Total assets Liabilities and Equity Accounts payable S18,630 8,370 6,000 $33,000 Notes payable Total current liabilities $9,000 542,000 $5,040 12,960 18,000 S60,000 Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) 2018 $84,000 78,120 1,680 $4,200 $3,300 1320 $1,980 Net income Other data Shares outstanding (millions) Common dividends (millions of s) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $693.00 6% 4096 $47.52 Refer to Exhibit 4.1. What is the firm's total assets turnover? Do not round your intermediate calculations. a. 1.15 b.1.51 C. 1.40 d. 1.06
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