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Use the Table for the Question(s)below

Question 109

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Use the table for the question(s)below.
Use the table for the question(s)below. -Refer to the statement of financial position above.If on December 31,2014 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. -Refer to the statement of financial position above.If on December 31,2014 Luther has 8 million shares outstanding trading at $15 per share,then what is Luther's market-to-book ratio?
-Refer to the statement of financial position above.If on December 31,2014 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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