1) Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding. Its excess cash in 2019 is $23.4. If EBIT is $41.2 million and tax rate is 21%, its Return on Invested Capital in 2019 is closest to: Options: A) 0.038 B) 0.083 C) 0.104 D) 0.064

2) Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding. Its DebtCapital Ratio for 2019 is closest to: A) 1.89 B) 0.696 C) 0.37 D) 0.654

3) Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding. Its book value DebtEquity Ratio for 2019 is closest to: A) 1.89 B) 0.37 C) 0.31 D) 2.29

4) Luther Corporation's total sales for 2019 were $610.1 million, and gross profit was $109.0 million. Accounts payable days for 2019 is closest to: A) 52.4 B) 63.8 D) 5.71

5) Luther's EBITDA coverage ratio for the year ending December 31, 2019 is closest to: A) 2.19 B) 1.98 C) 1.78 D) 1.64

6) Luther's return on assets (ROA) for the year ending December 31, 2019 is closest to: A) 6.7% B) 2.6% C) 2.3% D) 1.6%

7) Luther's return on equity (ROE) for the year ending December 31, 2019 is closest to: A) 8.4% B) 6.5% C) 12.7% D) 2.0%

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Luther Corporation Consolidated Balance Sheet December 31, 2019 and 2018 (in 5 millions) Assets 2019 2018 Liabilities and Stockholders' Equity 2019 2018 Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable 87.6 73.5 Notes payable ! short-term Accounts receivable 55.5 39.6 debt 10.5 9.6 Current maturities of long-term Inventories 45.9 42.9 debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0 Long-Term Assets Long-Term Liabilites 239.7 168.9 Land Buildings Equipment Less accumulated depreciation Long-term 66.6 62.1 debt 109.5 91.5 Capital lease obligations 119.1 99.6 Total Debt 239.7 168.9 22.8 222 (56.152.5) Deferred taxes Other long-term 239.1 200.7 liabilities Net property, plant, and equipment Total long-term liabilities 262.5 191.1 60.0 406.5 323.1 Goodwill Other long-term assets Total long-term assets 63.0 42.0 Total liabilities 126 6 63.6 362.1 242.7 Stockholders' Equity Total liabilities and Stockholders 533.1 386.7 Equity 533.1 386.7 Total Assets