Use the Table for the Question(s)below

question 41

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 Market value Debt-Equity Ratio for 2009 is closest to:

• A)2.29.
• B)0.37.
• C)1.89.
• D)0.31.

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