Luther Corporation

Consolidated Balance Sheet

December 31, 2006 and 2005 (in $ millions)

Assets	2006	2005	Liabilities and Stockholders' Equity	2006	2005
Current Assets			Current Liabilities
Cash	54.9	58.5	Accounts payable	86.3	73.5
Accounts receivable	54.9	39.6	Notes payable / shortterm debt	9.6	9.6
Inventories	45.4	42.9	Current maturities of long-term debt	40.2	36.9
Other current assets	6	3.0	Other current liabilities	6.0	12.0
Total current assets	161.2	144.0	Total current liabilities	142.1	132.0
Long-Term Assets			LongTerm Liabilities
Land	66.4	62.1	Longterm debt	236.7	168.9
Buildings	110.9	91.5	Capital lease obligations
Equipment	120	99.6
Less accumulated depreciation	(54.7)	(52.5)	Deferred taxes	22.8	22.2
Net property, plant, and equipment	242.6	200.7	Other long-term liabilities
Goodwill	60.0		Total long-term liabilities	259.5	191.1
Other long-term assets	63.0	42.0	Total liabilities	401.6	323.1
Total long-term assets	365.6	242.7	Stockholders' Equity	125.2	63.6
Total Assets	526.8	386.7	Total liabilities and Stockholders' Equity	526.8	386.7

Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to:

A.

0.81

B.

1.63

C.

1.14

D.