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    Exam 2: Introduction to Financial Statement Analysis
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    Luther Corporation's Stock Price Is $39 Per Share and the Company
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Luther Corporation's Stock Price Is $39 Per Share and the Company

Question 38

Question 38

Multiple Choice

Luther Corporation's stock price is $39 per share and the company has 20 million shares outstanding.Its Debt -Capital Ratio for 2009 is closest to:


A) 0.696
B) 0.37
C) 1.89
D) 0.654

Correct Answer:

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