Use the Information for the Question(s)below

question 74

Multiple Choice

Use the information for the question(s) below.
In November 2019,Perrigo Co.(PRGO) had a share price of $39.20.They had 91.33 million shares outstanding,a market-to-book ratio of 3.76.In addition,PRGO had $845.01 million in outstanding debt,$163.82 million in net income,and cash of $257.09 million.
-Luther's Operating Margin for the year ending December 31,2018 is closest to:

• A)0.5%.
• B)0.7%.
• C)5.4%.
• D)6.8%.

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Definitions:

Individualist Cultures

Cultures that emphasize the individual and value individual achievement.

Societal Role Expectations

The anticipated behaviors and responsibilities assigned to individuals based on their social position or status within a society.

Role Identities

The conceptions held by individuals about who they are in specific roles within their social networks or groups.

Reflected Appraisals

The method through which people create self-images influenced by their assumptions of others' opinions about them.