Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Liabilities and Assets 2006 2005 Stockholders' Equity 2006 2005 Current Assets Cash 50.9 Current Liabilities 58.5 Accounts payable 89.5 73.5 Notes payable/ Accounts receivable 55.1 39.6 short-term debt 10.3 9.6 Current maturities of Inventories 46.9 42.9 long-term debt 38.5 36.9 Other current assets 5.3 3.0 Other current liabilities 6.0 12.0 A. 2.59 B. 0.65 OC. 1.29 OD. 1.81 Long-Term Assets Land Long-Term Liabilities 66.8 62.1 Buildings 109 91.5 Long-term debt Capital lease obligations 228.1 168.9 Equipment 120.3 99.6 Less accumulated depreciation (55.9) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment 240.2 200.7 Other long-term liabilities Goodwill Other long-term assets Total long-term assets 60.0 -- Total long-term liabilities 250.9 191.1 63.0 42.0 Total liabilities 395.2 323.1 363.2 242.7 Stockholders' Equity 126.2 63.6 2.50 possi Total Assets Total liabilities and 521.4 386.7 Stockholders' Equity 521.4 386.7 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 Luther's market-to-book ratio would be closest to