Use the Table for the Question(s)below

question 28

Multiple Choice

Use the table for the question(s) below.
Luther Industries currently has the following balance sheet (in thousands of dollars) : Luther is about to add a new fleet of delivery trucks.The price of the fleet is $1.5 million.
-If Luther acquires the new fleet of delivery trucks using a capital lease,Luther's Debt to Equity ratio will be closest to:

• A)0.66.
• B)1.5.
• C)0.80.
• D)2.0.

---

Definitions:

Poisson Experiment

A Poisson experiment is a statistical experiment that classifies the experiment into a fixed number of trials, where each trial represents a specific time interval or region of space, and counts the number of times a particular event occurs.

Random Variable

represents a set of possible outcomes of a random phenomenon, quantitatively.

Random Variable

A variable whose values depend on outcomes of a random phenomenon.

Uncountable Values

Refers to values or elements within a set that cannot be enumerated by natural numbers due to their infinite or continuous nature.