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Exhibit 4.1 The balance sheet and income statement shown below are for Koski Ine. Note that the firm has no amortization char
2018 Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and
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Answer #1

Calculating the Total debt to Total capital ratio Total Debt / Total Capital Total Debt / (Total Debt + Common Equity) As per$ 15,000 / $ 33,000 = $ 0.4545 = 45.45 % (when rounded off to two decimal places) Thus the total debt to total capital ratio

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