Question

Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization char
Long-term bonds $7,800 Total liabilities $24,960 Common stock $5,460 Retained earnings 8,580 Total common equity $14,040 Tota
Other data: Shares outstanding (millions) 500.00 Common dividends (millions of S) $443.63 Int rate on notes payable & L-T bon
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Answer: 1.38 Notes: Current Ratio = Current Assets/current liabilities Current assets = $23.595 Current Liabilities = $17,160

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