Use the Table for the Question(s)below

question 102

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 Debt -Capital Ratio for 2019 is closest to:

• A)0.696.
• B)0.37.
• C)1.89.
• D)0.654.

Grasp the concept of mergers, acquisitions, and the role of board and shareholder approvals in these transactions.

Identify the legal consequences of corporate actions, including asset sales and liabilities.

Comprehend the processes and legal framework governing mergers and acquisitions, including shareholder rights.

Understand the strategies and legal considerations involved in corporate takeovers and defenses against them.