Use the Information for the Question(s)below

question 93

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.
-Perrigo's market debt-to-equity ratio is closest to:

• A)0.24.
• B)0.50.
• C)0.75.
• D)0.89.

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