Use the Table for the Question(s)below

question 43

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:

-If in 2012 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

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Definitions:

Set Point

A theory suggesting that the body maintains its weight and energy balance through internal regulatory mechanisms.

Genetically Influenced

Traits or characteristics that are affected by genes inherited from one's parents, including physical attributes and susceptibility to certain diseases.

Motivation

An inferred process within a person or animal that causes movement either toward a goal or away from an unpleasant situation.

Unpleasant Situation

A scenario or event that is disagreeable, uncomfortable, or causes distress to an individual.