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Use the table for the question(s) below. Consider the following balance sheet: Luther Corporation ronnenlidatad Ralanre Sheot If in 2019 Luther has 10.2 million shares

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Use the table for the question(s) below. Consider the following balance sheet: Luther Corporation ronnenlidatad Ralanre Sheot 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: 1.47 1.78 2.31 4.07

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