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Use the Table for the Question(s)below

Question 10

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Use the table for the question(s) below.
Luther Industries currently has the following balance sheet (in thousands of dollars) : Use the table for the question(s) below. Luther Industries currently has the following balance sheet (in thousands of dollars) :   Luther is about to add a new fleet of delivery trucks.The price of the fleet is $1.5 million. -If Luther acquires the new fleet of delivery trucks using an operating lease,Luther's Debt to Equity ratio will be closest to: A) 2.0. B) 1.5. C) 0.80. D) 0.66. Luther is about to add a new fleet of delivery trucks.The price of the fleet is $1.5 million.
-If Luther acquires the new fleet of delivery trucks using an operating lease,Luther's Debt to Equity ratio will be closest to:


A) 2.0.
B) 1.5.
C) 0.80.
D) 0.66.

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