Use the Table for the Question(s)below

question 25

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:
-Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding.Its book value Debt -Equity Ratio for 2019 is closest to:

• A)2.29.
• B)0.31.
• C)1.89.
• D)0.37.

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Definitions:

Primates

An order of mammals that includes humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and dexterous hands.

Brachiation

A form of locomotion used by some primates, involving swinging from one arm to another through trees with a hand-over-hand movement, critical for moving through canopy levels in forests.

Trail Markers

Signs or symbols placed along a trail or path to guide or provide information to travelers, hikers, or explorers.

Ovulation

The moment when an egg released from an ovary into the womb is receptive for fertilization.