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    Exam 2: Introduction to Financial Statement Analysis
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    Luther Corporation Consolidated Balance Sheet
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Luther Corporation Consolidated Balance Sheet

Question 29

Question 29

Multiple Choice

Luther Corporation
Consolidated Balance Sheet
December 31, 2006 and 2005 (in $ millions)
Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions)    Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to ________. A)  0.87 B)  1.75 C)  0.88 D)  1.31
Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to ________.


A) 0.87
B) 1.75
C) 0.88
D) 1.31

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