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Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018

Question 103

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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. If in 2018, Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value? A) $353.1 million B) $516.9 million C) -$63.3 million D) $389.7 million
-Refer to the balance sheet above. If in 2018, Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?


A) $353.1 million
B) $516.9 million
C) -$63.3 million
D) $389.7 million

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