Refer to the balance sheet above.If in 2006 Luther has 10.2 million shares outstanding and the shares are trading at $16 per share then Luthers market to book ratio would be closest to?

12 of 25 (18 completo 2005 73.5 Liabilities and Assets 2006 2005 Stockholders' Equity 2006 Current Assets Current Liabilities Cash 62.9 58.5 Accounts payable 85.9 Notes payable Accounts receivable 54.9 39.6 short-term debt Current maturities of Inventories 44.6 42.9 long-term debt 40.7 Other current assets 4.9 3.0 Other current liabilities 60 Total current assets 167.3 144.0 Total current liabilities 143.5 Long-Term Assets Long-Term Liabilities Land 64.7 62.1 Long-term debt 235.6 10.9 9.6 36.9 12.0 132.0 OA. 2.6 168.9 B. 0.65 C. 1.3 OD 1.82 64.7 109.7 118.6 62.1 91.5 99.6 Long-Term Liabilities Long-term debt Capital lease obligations 235.6 168.9 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets (55.7) (52.5) Deferred taxes 22.8 22.2 237.3 200.7 Other long-term liabilities 60.0 Total long-term liabilities 63.0 42.0 Total liabilities 360.3 242.7 Stockholders' Equity 258.4 401.9 125.7 191.1 323.1 63.6 A 2.6 OB. 0.65 C. 1.3 OD 1.82 12 of 25 (18 complete) Equipment 118.6 99.6 Less accumulated depreciation (55.7) (52.5) Deferred taxes 22.8 222 Net property, plant, and equipment 237.3 200.7 Other long-term liabilities Goodwill 60.0 Total long-term liabilities 258.4 191.1 Other long-term assets 63.0 42.0 Total liabilities 401.9 323.1 Total long-term assets 360.3 242.7 Stockholders' Equity 125.7 63.6 Total liabilities and Total Assets 527.6 386.7 Stockholders' Equity 527.6 386.7 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 A 2.6 B. 0.65 O c. 1.3 D. 1.82