Use the table for the question(s) below. Consider the following balance sheet: 2019 2018 Luther Corporation Consolidated Balance Sheet December 31, 2019 and 2018 (in $ millions) Liabilities and Assets 2019 2018 Stockholders' Equity Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable Notes payable / Accounts receivable 55.5 39.6 short-term debt Current maturities of Inventories 45.9 42.9 long-term debt Other current assets 6.0 3.0 Other current liabilities Total current assets 171.0 144.0 Total current liabilities 87.6 73.5 10.5 9.6 39.9 36.9 6.0 12.0 132.0 144.0 66.6 62.1 239.7 168.9 Long-Term Liabilities Long-term debt Capital lease obligations Total Debt 91.5 109.5 119.1 99.6 239.7 168.9 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 22.2 239.1 200.7 60.0 191.1 Other long-term liabilities Total long-term liabilities Total liabilities Stockholders' Equity 262.5 406.5 63.0 42.0 323.1 63.6 362.1 242.7 126.6 Total liabilities and Stockholders' Equity Total Assets 533.1 386.7 533.1 386.7 When using the book value of equity, the debt to equity ratio for Luther in 2019 is closest to: O A. 2.29. . OB. 0.43. . O C. 3.57. D. 2.98