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Use the table for the question(s) below. a. When using the book value of equity, the debt to equity ratio for Luther in 2018 is
Use the table for the question(s) below.
a. When using the book value of equity, the debt to equity ratio for Luther in 2018 is closest to:
b. If in 2019 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 to equity ratio for Luther in 2019 is closest to:
c. Luther's current ratio for 2019 is closest to:
d. Luther's quick ratio for 2019 is closest to:
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