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Use the Table for the Question(s)below

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: -Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. Its Debt-to-Enterprise Value Ratio in 2012 is closest to: A) 0.696 B) 0.37 C) 0.255 D) 0.654 Use the table for the question(s) below. Consider the following balance sheet: -Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. Its Debt-to-Enterprise Value Ratio in 2012 is closest to: A) 0.696 B) 0.37 C) 0.255 D) 0.654
-Luther Corporation's share price is $39 and the company has 20 million shares outstanding. Its excess cash in 2012 is $23.4. Its Debt-to-Enterprise Value Ratio in 2012 is closest to:


A) 0.696
B) 0.37
C) 0.255
D) 0.654

Correct Answer:

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