Use the Table for the Question(s)below

question 43

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:
-If in 2019 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share,then Luther's market-to-book ratio would be closest to:

• A)0.39.
• B)0.76.
• C)1.29.
• D)2.57.

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Definitions:

Fundamental Attribution Error

The assumption that others act predominantly on the basis of their dispositions, even when there is evidence suggesting the importance of their situations.

Dispositions

Inherent qualities of mind and character that influence an individual's habitual responses and behavior.

Behavioral Perspective

An approach in psychology that focuses on observable behaviors and the ways in which they are learned, often through conditioning.

Reinforced

Strengthened or encouraged to persist, often through rewards or consequences in the context of behavior conditioning.