Question: Luther's EBIT coverage ratio for the year ending December 31, 2009 is closest to: -1.98 -1.78 -2.19 What is Luther's net working capital in 2008?

Luther's EBIT coverage ratio for the year ending December 31, 2009

Luther's EBIT coverage ratio for the year ending December 31, 2009 is closest to:

-1.98

-1.78

-2.19

What is Luther's net working capital in 2008?

-$12 million

-$27 million

-$39 million

Consider the following balance sheet

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