Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)

-Refer to the balance sheet above. If in 2018, Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?
A)$353.1 million
B)$516.9 million
C)-$63.3 million
D)$389.7 million

Question

Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)
 
-Refer to the balance sheet above. If in 2018, Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?
A)$353.1 million 
B)$516.9 million 
C)-$63.3 million 
D)$389.7 million

Quizplus · Accepted Answer

The Answer of Luther Corporation Consolidated Balance Sheet 30 June 2017 and 2018 (in $ millions)
 
-Refer to the balance sheet above. If in 2018, Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's enterprise value?
A)$353.1 million 
B)$516.9 million 
C)-$63.3 million 
D)$389.7 million