Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in 5 millions) 2006 2006 2005 Assets Current Assets Cash 613 87 9 73.5 Liabilities and 2005 Stockholders' Equity Current Liabilities 58.5 Accounts payable Notes payable / 39.6 short-term debt Current maturities of 42.9 long-term debt 3.0 Other current liabilities Accounts receivable 54.5 10. 2 9.6 46 5.7 38 1 6.0 36.9 12.0 Inventories Other current assets Total current assets 167.5 144.0 Total current liabilities 142 2 1320 2372 168.9 64.7 110.6 119.6 Long-Term Liabilities 62.1 Long-term debt 91.5 Capital lease obligations 99.6 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets (57) (525) Deferred taxes 22.8 22 2 237.9 60.0 63.0 360 9 200.7 Other long-term liabilities Total long-term liabilities 420 Total liabilities 2427 Stockholders' Equity 260 4022 1262 191.1 323 1 63.6 Total liabilities and Total Assets 5284 386.7 Stockholders' Equity 528.4 386.7 Refer to the balance sheet above. The change in Luther's quick ratio from 2005 to 2006 is closest to A a decrease of 0.08 OB an increase of 0.08 OC. a decrease of 0.16 OD an increase of 0.16