The balance sheet and income statement shorm below are for Koski mc Note that the finn...

The balance sheet and income statement shorm below are for Koski mc Note that the finn has no mortization changes does not leave my assets , none of its debt mast be retired during the next 5 years, and the notes payable will be rolled over Bilance Sheet (Millions of $) Assets 2016 Cash and securities $2,145 Accounts receivable 8,970 hertories 12,480 Total current assets $23,995 Net plant and equipment $15,405 Total assets $39,000 Libilities and Equity Accounts payable $7,410 Accruals 4,290 Notes porable 5,460 Total current liabilities $17,160 Long-tem bonds $7,800 Total lisbilities $24960 Common stock $5,460 Retained emings 8,580 Total cormon equity $14,040 Total lisbilities and equity $39,000

Common stock $5,460 Retained emings 8,580 Total comenon equity $14,040 Total lisbilities and equity $39.000 2016 Income Statement (Millions of 5) Net sales $58 300 Opesting costs except depreciation 54,698 Depreciation 1,024 Emmings before interest and to (EBIT) $2,779 Less interest 829 Esmings before tastes (EBT) $1950 Tacoes 683 Net income $1,268 Other data: Share outstanding millions) 500.00 Common dividends millions of 5) $443.63 6.25% htute on notes puyable & L-T bonds Fedal phas state come tax ride 35% $30.42 Year and stock price Ride to Shubit 4.1. What is the fi ' P/Erto? Do not round your intermediate calculation

Less mterest 820 Esmings before taxes (EBT) $1,950 Tues 683 Net income $1 268 Other data: Shares outstanding millions) 500.00 Common dividends (millions of $) $443.63 Intrate on notes payable & L-T bonds 6.25% Federal plus state income tax rate 35% Year-end stock price $30.42 Rder to Edubit 4.1. What is the firm's P/E ratio? Do not round your termediate calculations 12.0 12:6 13.2 WW to OO 14.6 Previous Page Page 10 of 10