Luther Corporation Consolidated Balance Sheet December 31, 2009 and 2008 (in $ millions) Assets 2009 2008 Liabilities and Stockholders' Equity 2009 2008 Current Assets Cash Current Liabilities 63.6 58.5 Accounts payable 87.6 73.5 Notes payable/ Accounts receivable 55.5 39.6 short-term debt 10.5 9.6 Inventories 45.9 42.9 Current maturities of long- term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current liabilities 144.0 132.0 Long-Term Assets Land 66.6 62.1 Buildings 109.5 91.5 Total current assets 171.0 144.0 Long-Term Liabilities Long-term debt Capital lease obligations 239.7 168.9 Equipment 119.1 99.6 Total Debt 239.7 168.9 Less accumulated depreciation (56.1) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment Goodwill 239.1 200.7 60.0 Other long-term liabilities Total long-term liabilities 262.5 191.1 Other long-term assets 63.0 42.0 Total liabilities Total long-term assets 362.1 242.7 Stockholders' Equity 406.5 323.1 126.6 63.6 Total Assets 533.1 386.7 Total liabilities and Stockholders' Equity 533.1 386.7 a. What is Luther's net working capital in 2009? b. If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what would be Luther's market-to-book ratio? c. Using the book value of equity, what is the debt-equity ratio for Luther in 2009? d. If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value? e. What is Luther's current ratio for 2009? f. What is Luther's quick ratio for 2009