If in 2009 Luther Has 10

question 96

Multiple Choice

If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share,then what is Luther's Enterprise Value?

• A)-$63.3 million
• B)$353.1 million
• C)$389.7 million
• D)$516.9 million

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Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.

Carbon Dioxide

A colorless gas with a density about 60% higher than that of dry air, contributing to the greenhouse effect and global warming.

Herbivore

An animal that feeds primarily on plants.