Question: Use the table for the question(s) below. Consider the following balance sheet: Luther Corporation ronnenlidatad Ralanre Sheot If in 2019 Luther has 10.2 million shares

Use the table for the question(s) below. Consider the following balance

Use the table for the question(s) below. Consider the following balance sheet: Luther Corporation ronnenlidatad Ralanre Sheot If in 2019 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then using the market value of equity, the debt to equity ratio for Luther in 2019 is closest to: 1.47 1.78 2.31 4.07

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