Use the Table for the Question(s)below

question 41

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:
-Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding.Its Market value Debt-Equity Ratio for 2009 is closest to:

• A)2.29.
• B)0.37.
• C)1.89.
• D)0.31.

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Definitions:

Administrative Operations

Activities involved in the day-to-day running of a business or organization, including tasks related to planning, organizing, and overseeing.

Medical Practice

The profession and activities of those in the healthcare field, particularly physicians and surgeons, in diagnosing and treating patients.

Semi-Annual

Occurring twice a year or every six months.

National Task Force

A group formed by a government to address specific national issues or emergencies, often comprising experts from different fields.