Luther Corporation

Consolidated Balance Sheet

December $31,2006$ and $2005($in $ millions$)$

$\backslash$table$[[$Assets$,2006,2005,\backslash$table$[[$Liabilities and$],[$Stockholders$\text{'}$ Equity$]],2006,2005],[$Current Assets,,,Current Liabilities,,$],[$Cash$,54\mathrm{.}3,58\mathrm{.}5,$Accounts payable,$84\mathrm{.}1,73\mathrm{.}5],[$Accounts receivable,$56\mathrm{.}1,39\mathrm{.}6,\backslash$table$[[$Notes payable $/],[$short$-$term debt$]],10\mathrm{.}4,9\mathrm{.}6],[$Inventories$,45\mathrm{.}3,42\mathrm{.}9,\backslash$table$[[$Current maturities of$],[$long$-$term debt$]],40\mathrm{.}8,36\mathrm{.}9],[$Other current assets,$5\mathrm{.}1,3\mathrm{.}0,$Other current liabilities,$6\mathrm{.}0,12\mathrm{.}0],[$Total current assets,$160\mathrm{.}8,144\mathrm{.}0,$Total current liabilities,$141\mathrm{.}3,132\mathrm{.}0],[$Long$-$Term Assets,,,Long$-$Term Liabilities,,$],[$Land$,66\mathrm{.}2,62\mathrm{.}1,$Long$-$term debt,$228\mathrm{.}6,168\mathrm{.}9],[$Buildings$,107\mathrm{.}8,91\mathrm{.}5,$Capital lease obligations,,$],[$Equipment$,114\mathrm{.}2,99\mathrm{.}6,,,],[\backslash$table$[[$Less accumulated$],[$depreciation$]],(54\mathrm{.}2),(52\mathrm{.}5),$Deferred taxes,$22\mathrm{.}8,22\mathrm{.}2],[\backslash$table$[[$Net property, plant, and$],[$equipment$]],234,200\mathrm{.}7,$Other long$-$term liabilities,$---,---],[$Goodwill$,60\mathrm{.}0,--,$Total long$-$term liabilities,$251\mathrm{.}4,191\mathrm{.}1],[$Other long$-$term assets,$63\mathrm{.}0,42\mathrm{.}0,$Total liabilities,$392\mathrm{.}7,323\mathrm{.}1],[$Total long$-$term assets,$357,242\mathrm{.}7,$Stockholders' Equity,$125\mathrm{.}1,63\mathrm{.}6],[$Total Assets,$517\mathrm{.}8,386\mathrm{.}7,,517\mathrm{.}8,386\mathrm{.}7]]$

Refer to the balance sheet above. Luther's current ratio for $2006$ is closest to

A$.1\mathrm{.}71$

B$.2\mathrm{.}28$

C$.0\mathrm{.}57$

D$.1\mathrm{.}14$