Liabilities and Assets 2006 2005 Stockholders' Equity 2006 2005 Current Assets Current Liabilities Cash 61.7 58.5 Accounts payable 85.6 73.5 Notes payable/ Accounts receivable 54.3 39.6 short-term debt 9.3 9.6 Current maturities of Inventories Other current assets 46 5.6 42.9 long-term debt 39.2 36.9 3.0 Other current liabilities 6.0 12.0 Total current assets 167.6 144.0 Total current liabilities 140.1 132.0 Long-Term Assets Long-Term Liabilities Land 66.5 62.1 Long-term debt 239.7 168.9 Buildings 110.4 91.5 Capital lease obligations Equipment 115.9 99.6 Less accumulated depreciation (55) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment Goodwill -- Other long-term assets Total long-term assets 237.8 200.7 Other long-term liabilities 60.0 Total long-term liabilities 63.0 42.0 Total liabilities 360.8 242.7 Stockholders' Equity 262.5 191.1 402.6 323.1 125.8 63.6 Total liabilities and Total Assets 528.4 386.7 Stockholders' Equity 528.4 386.7 Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) 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 Luther's market-to-book ratio would be closest to: A. 2.59 B. 0.65 C. 1.3 OD. 1.82