Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in 9 millions) 2006 2006 2005 Assets Current Assets Cash 52 85.3 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 Other current liabilities Accounts receivable 56 10.1 9.6 Inventories Other current assets 46.9 6 39.1 6.0 3.0 36.9 12.0 Total current assets 160.9 144.0 Total current liabilities 140.5 132.0 230.9 Long-Term Liabilities Long-term debt Capital lease obligations 66.2 108.5 116.7 168.9 62.1 91.5 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 (55.3) (52.5) Deferred taxus 22.8 22.2 -- 236.1 60.0 63.0 359.1 200.7 Other long-term liabilities Total long-term liabilities 253.7 42.0 Total liabilities 394.2 242.7 Stockholders' Equity 125.8 191.1 323.1 63.6 (55.3) (52.5) Deferred taxes 22.8 22.2 depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets 236.1 60.0 63.0 359.1 200.7 Other long-term liabilities Total long-term liabilities 253.7 42.0 Total liabilities 394.2 242.7 Stockholders' Equity 125.8 191.1 323.1 63.6 Total liabilities and 386.7 Stockholders' Equity Total Assets 520 520 386.7 Refer to the balance sheet above. Luther's current ratio for 2006 is closest to: O A. 1.72 O B. 2.29 OC. 0.57 OD. 1.15