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Use the Table for the Question(s)below

Question 76

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Use the table for the question(s)below.
Consider the following balance sheet: Use the table for the question(s)below. Consider the following balance sheet: -If on December 31,2018 Luther has 8 million shares outstanding trading at $15 per share,then what is Luther's market-to-book ratio? Use the table for the question(s)below. Consider the following balance sheet: -If on December 31,2018 Luther has 8 million shares outstanding trading at $15 per share,then what is Luther's market-to-book ratio?
-If on December 31,2018 Luther has 8 million shares outstanding trading at $15 per share,then what is Luther's market-to-book ratio?

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market-to-book = market value ...

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