Use the Table for the Question(s) Below

question 4

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 an operating lease, Luther's debt-to-equity ratio will be closest to ________.

• A) 2.0
• B) 1.5
• C) 0.80
• D) 0.66

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Definitions:

Nasal Bone

One of a pair of small bones forming the upper part of the bridge of the nose.

Cerebrospinal Fluid

A clear, colorless body fluid found in the brain and spine that acts as a cushion for the brain's cortex, providing basic mechanical and immunological protection to the brain.

Temporal

Relating to time or denoting the temples of the skull.

Occipital

Pertaining to the occipital bone or region, located at the back part of the skull, involving the visual processing center of the brain.