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    Fundamentals of Corporate Finance Study Set 11
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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 72

Question 72

Multiple Choice

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