Use the Table for the Question(s) Below

question 34

Multiple Choice

Use the table for the question(s) below.
Luther Industries currently has the following balance sheet (in Thousands of dollars) :
Luther is about to add a new fleet of delivery trucks. The price of the fleet is $1.5 million.
-If Luther acquires the new fleet of delivery trucks using a capital lease, Luther's debt-to-equity ratio will be closest to ________.

• A) 0.66
• B) 1.5
• C) 0.80
• D) 2.0

---

Definitions:

Complicated Grief

An intense, prolonged emotional response to loss that impedes the natural healing process, distinguished from typical grief by its extended duration and severity.

Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged stress, particularly from overwork or job-related pressures.

Technology

Encompasses the collection of tools, machinery, modifications, arrangements, and procedures used by humans to create goods and services, solve problems, and improve existing solutions.

In Person

A mode of interaction or attendance that involves physical presence in a particular location, as opposed to being remote or virtual.