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Assets Current Assets Cash Accounts receivable Inventories Other current assets Total current assets Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant,

Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) 2006 2006 2005 Assets Current Assets

Assets Current Assets Cash Accounts receivable Inventories Other current assets Total current assets Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets 2006 OA. - $545.9 million OB. $779.8 million OC. $389.9 million. O D. $530.4 million. 62.2 56.2 46.8 5.7 170.9 Liabilities and 2005 Stockholders' Equity 58.5 39.6 42.9 3.0 144.0 64.7 62.1 108.7 91.5 117.9 99.6 Current Liabilities Accounts payable Notes payable / short-term debt Current maturities of long-term debt -- Other current liabilities Total current liabilities Long-Term Liabilities Long-term debt Capital lease obligations (54.8) (52.5) Deferred taxes 236.5 200.7 Other long-term liabilities 60.0 Total long-term liabilities 63.0 42.0 Total liabilities 359.5 242.7 Stockholders' Equity 2006 86.8 9.4 38.1 6.0 140.3 241.4 22.8 2005 73.5 9.6 36.9 12.0 132.0 168.9 22.2 264.2 191.1 404.5 323.1 125.9 63.6 Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Total liabilities and 386.7 Stockholders' Equity Total Assets 530.4 530.4 386.7 Refer to the balance sheet above. If in 2006 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?

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