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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Broadband Access

High-speed internet access that is always on and faster than the traditional dial-up access.

Fiber-Optic Cables

Transmission medium made of glass or plastic fibers that carry light signals, enabling high-speed data transmission over long distances.

Telecommunications

Telecommunications is the transmission of information over considerable distances by electronic means, encompassing phone, internet, and broadcast media.

Download Speeds

The rate at which data is transferred from the internet to a user's computer.