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    Exam 2: Introduction to Financial Statement Analysis
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    Luther Corporation Consolidated Balance Sheet
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Luther Corporation Consolidated Balance Sheet

Question 28

Question 28

Multiple Choice

Luther Corporation Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions) Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions)    Refer to the balance sheet above. Luther's current ratio for 2006 is closest to ________. A) 1.67 B) 2.22 C) 0.56 D) 1.11 Refer to the balance sheet above. Luther's current ratio for 2006 is closest to ________.


A) 1.67
B) 2.22
C) 0.56
D) 1.11

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