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Luther Corporation Consolidated Balance Sheet

Question 24

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. The change in Luther's quick ratio from 2005 to 2006 is closest to ________. A) a decrease of 0.01 B) an increase of 0.01 C) a decrease of 0.02 D) an increase of 0.02
Refer to the balance sheet above. The change in Luther's quick ratio from 2005 to 2006 is closest to ________.


A) a decrease of 0.01
B) an increase of 0.01
C) a decrease of 0.02
D) an increase of 0.02

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