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  2. Topic
    Business
  3. Study Set
    Fundamentals of Corporate Finance
  4. Exam
    Exam 2: Introduction to Financial Statement Analysis
  5. Question
    Use the Table for the Question(s)below
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Use the Table for the Question(s)below

Question 86

Question 86

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 2012 is closest to: A) 0.43 B) 2.29 C) 2.98 D) 3.57 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 2012 is closest to: A) 0.43 B) 2.29 C) 2.98 D) 3.57
-When using the book value of equity, the debt to equity ratio for Luther in 2012 is closest to:


A) 0.43
B) 2.29
C) 2.98
D) 3.57

Correct Answer:

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