Question: Use the table for the question(s) below Consider the following balance sheet: Luther Corporation Consolidated Balance Sheet December 31, 2007 and 2008 (in milli TH
Use the table for the question(s) below Consider the following balance sheet: Luther Corporation Consolidated Balance Sheet December 31, 2007 and 2008 (in milli TH As 2004 2003 Scheldery guity 2000 2001 Chrwww w 63.63 Accountable Notes payable Actrecevable 355 39. term debe 103 nemo Ines 25.4 cm 3916 Other 63 the current abilities 612 Total current 1711440 Total Current 320 Land 66.2Long-term debat Buildings 1029 Callese |ure 119.90 CD Lacumulated 56 Deferred tones Net property, plant, and 239200her long-term bied Goodwill GOTT-tem lib19 Other loog 1342 salles Total long term assets 3621263Suckholders Lasity Folloin and 533.386. stockholders' Equity 16) What is Luther's net working capital in 2009? A) S12 million B) S27 million C) $39 million D) $63.6 million Question 2 (Points 4) Use the following information to answer the question(s) below Consider the following four alternatives: 1. $132 received in two years. 2. S160 received in five years. 3. $200 received in eight years. 4. S220 received in nine years. The ranking of the four alternatives from most valuable to least valuable if the interest rate is 7% per year would be: A) 1.2.3.4 B) 4, 3, 1, 2 C) 3,4.2.1 D) 3, 1, 2,4
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