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

---

Definitions:

Motor Cortex

A region of the cerebral cortex involved in planning, controlling, and executing voluntary motor functions.

Brainstem

The part of the brain connecting the spinal cord with the forebrain and cerebrum, responsible for autonomic functions necessary for survival.

Suprachiasmatic Nucleus

A region in the brain responsible for controlling circadian rhythms through the regulation of sleep-wake cycles and hormonal activities.

Delta Waves

Slow brain waves primarily associated with deep sleep and brain healing.