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Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018

Question 91

Multiple Choice

Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)
Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)     -Refer to the balance sheet above. When using the book value of equity, the debt-equity ratio for Luther in 2017 is closest to: A) 3.98 B) 3.43 C) 3.21 D) 3.39
-Refer to the balance sheet above. When using the book value of equity, the debt-equity ratio for Luther in 2017 is closest to:


A) 3.98
B) 3.43
C) 3.21
D) 3.39

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