Use the Table for the Question(s) Below

question 4

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 an operating lease, Luther's debt-to-equity ratio will be closest to ________.

• A) 2.0
• B) 1.5
• C) 0.80
• D) 0.66

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Definitions:

Diversity Awareness

The recognition and acceptance of the importance of diversity in an organization, leading to a more inclusive workplace.

Categorical Thinking

refers to the cognitive process of organizing information and experiences into categories for easier understanding and decision-making.

MARS Model

A framework identifying four factors (Motivation, Ability, Role perceptions, and Situational factors) that influence individual behavior and performance at work.

Ability

The possession of the means or skill to do something, often referring to natural competencies or developed skills.