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Use the tables for the question(s) below. Consider the following financial information: Luther Corporation Consolidated Balance Sheet December 31, 2019 and 2018 (in $
Use the tables for the question(s) below. Consider the following financial information: Luther Corporation Consolidated Balance Sheet December 31, 2019 and 2018 (in $ millions) Liabilities and Assets Current Assets Cash 2019 2018 Stockholders' Equity 2019 2018 Current Liabilities 63.6 58.5 Accounts payable 87.6 73.5 Notes payable / Accounts receivable 55.5 39.6 short-term debt 10.5 9.6 Current maturities of Inventories 45.9 42.9 long-term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0 Long-Term Assets Long-Term Liabilities Land Buildings Equipment 66.6 62.1 109.5 91.5 119.1 99.6 Long-term debt 239.7 168.9 Capital lease obligations --- Total Debt 239.7 168.9 Less accumulated depreciation (56.1) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and OA. $137.3 million. OB. $123.2 million. OC. $127.1 million. OD. $132.6 million.
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