If on December 31, 2011 Luther Has 8 Million Shares

question 39

Essay

If on December 31, 2011 Luther has 8 million shares outstanding trading at $15 per share, then what is Luther's market-to-book ratio?

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Definitions:

Leader Courage

The attribute of leaders that enables them to confront fear, pain, danger, uncertainty, or intimidation within their leadership roles.

Humility

A personal quality characterized by a lack of arrogance or pride and a recognition of one's limitations and the value of others.

Societal Impact

The effect an organization, individual, or action has on the broader social, economic, and environmental context in which it operates.

Leader Empowerment

The process of increasing the capacity of individuals to make choices and to transform those choices into desired actions and outcomes.