This von: pt 15 of 50 (9 com Luther Corporatio Consolidated Balance December 31, 2006 and 2005 2006 Assets Current Assets Cash 2006 2005 58 2 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 3.0 Other current liabilities 89.4 73.5 Accounts receivable 55 10.5 9.6 Inventories Other current assets 46.1 5.4 39.2 6.0 36.9 120 OA. 3.48 OB. 1.74 OC. 0.87 OD 243 Click to select your we MacBook Pro esc 000 @ # 1 2 A 3 S 4 % 5 & 6 7 8 tab Q W E R T Y > U Long-Term Liabilities 62.1 Long-term debt 91.5 Capital lease obligations 99.6 234 65.2 108 120.8 168.9 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets (54.7) (52.5) Deferred taxes 22.8 222 239.3 200.7 Other long-term liabilities 60.0 Totaltlong-term liabilities 256.8 63.0 42.0 Total liabilities 401.9 362.3 242.7 Stockholders' Equity 125.1 191.1 323.1 63.6 TailAR Total liabilities and se taalbelda Casa En E 900 O A. 3.48 OB 1.74 OC. 0.87 OD. 2.43 Click to select your answer. MacBook esc F1 30 F2 DOO 53 F5 56 # $ 1 2 % 2 (54.7) (52.5) Deferred taxes 22.8 22.2 Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets 60.C 2393 200.7 Other long-term liabilities Total long-term liabilities 256.8 63.0 42.0 Total liabilities 401.9 362.3 242.7 Stockholders' Equity 125.1 191.1 323.1 63.6 Total liabilities and Total Assets 527 386.7 Stockholders' Equity 527 386.7 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 using the market value of equity, the debt-equity ratio for Luther in 2006 is closest to: A. 3.48 B. 1.74 OC. 0.87 OD. 2.43 o Suppose you invest $1,000 into a mutual fund that is expected to earn a rate of return of 12%. The amount of money will you have in ten years is closest to which of the following? The amount you will have in 50 years is closest to which of the following? bic SSI O A. $1,553; $173,401 O B. $2,485; $260,102 O C. $3,106; $289,002 OD. $3,417: $346,802 Confi pdf