Use the table below for questions a-f. Luther Corporation Consolidated Balance Sheet December 31, 2009 and 2008 (in $ millions) 2009 2008 2009 2008 Assets Current Assets Cash 63.6 58.5 87.6 73.5 Liabilities and Stockholders' Equity Current Liabilities Accounts payable Notes payable / short-term debt Current maturities of long- term debt Other current liabilities Total current liabilities Accounts receivable 55.5 39.6 10.5 9.6 Inventories Other current assets Total current assets 45.9 6.0 171.0 42.9 3.0 144.0 39.9 6.0 144.0 36.9 12.0 132.0 239.7 168.9 66.6 109.5 119.1 62.1 91.5 99.6 Long-Term Liabilities Long-term debt Capital lease obligations Total Debt 239.7 168.9 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets (56.1) (52.5) Deferred taxes 22.8 22.2 200.7 239.1 60.0 63.0 362.1 Other long-term liabilities Total long-term liabilities 262.5 191.1 Total liabilities 406.5 323.1 Stockholders' Equity 126.6 63.6 42.0 242.7 Total liabilities and Stockholders' Equity Total Assets 533.1 386.7 533.1 386.7 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