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    Corporate Finance Study Set 5
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    Exam 2: Introduction to Financial Statement Analysis
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    Use the Table for the Question(s) Below
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Use the Table for the Question(s) Below

Question 33

Question 33

Multiple Choice

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:      -When using the book value of equity,the debt to equity ratio for Luther in 2006 is closest to: A)  2.21 B)  2.29 C)  2.98 D)  3.03 Use the table for the question(s)  below. Consider the following balance sheet:      -When using the book value of equity,the debt to equity ratio for Luther in 2006 is closest to: A)  2.21 B)  2.29 C)  2.98 D)  3.03
-When using the book value of equity,the debt to equity ratio for Luther in 2006 is closest to:


A) 2.21
B) 2.29
C) 2.98
D) 3.03

Correct Answer:

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