Use the Information for the Question(s)below

question 37

Multiple Choice

Use the information for the question(s) below.
Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors and has already announced the share repurchase plan. Currently, Luther is an all-equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.
-The market value of Luther's non-cash assets is closest to:

• A)$25 billion
• B)$20 billion
• C)$24 billion
• D)$19 billion

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Definitions:

Neurotransmitters

Chemical messengers in the body that transmit signals from one neuron to another across synapses.

Differentiation

refers to the process of distinguishing or becoming distinct, often used in biology to describe cells becoming specialized, and in education to describe tailoring instruction to meet individual learner needs.

Neuron

A neuron is a specialized cell in the nervous system that transmits information to other nerve cells, muscle, or gland cells, fundamental to nervous system functions.

Dendrites

Extensions of nerve cells that play a crucial role in receiving synaptic signals from other neurons for communication within the brain.