Use the Table for the Question(s)below

question 113

Multiple Choice

Use the table for the question(s) below.

-Refer to the statement of financial position above.If in 2015 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
• E)0.31

---

Definitions:

Culture

The shared values, beliefs, norms, and practices that characterize a group of people or an organization.

Primarily Determined

Mainly or chiefly decided or influenced by a particular factor or factors.

Personality Attributes

Qualities or features that are inherent in one's character, contributing to their overall personality and the way they interact with the world around them.

Gender

A social construct regarding the roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.