Use the Table for the Question(s)below

question 41

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 Market value Debt-Equity Ratio for 2009 is closest to:

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

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Definitions:

Innovation

The process of creating new ideas, products, or methods that bring improvement or address specific challenges.

Lateral Communication

The exchange of information between individuals at the same hierarchical level within an organization.

External Stakeholders

Individuals or groups outside of an organization who are affected by its activities and decisions, such as customers, suppliers, and the community.

Internal Differentiation

The division of labor and specialization within an organization that creates distinct roles and responsibilities.