Use the Information for the Question(s)below

question 86

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 price-earnings ratio (P/E) is closest to:

• A)15.96.
• B)21.85.
• C)29.77.
• D)35.64.

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Definitions:

Central Motive State

A hypothetical internal state that motivates behavior toward achieving a specific goal or satisfying a particular need.

Goal-Directed Behaviors

Actions taken by an individual or organism with the intention of achieving a specific outcome or fulfilling a particular purpose.

Bindra

A theorist known for contributing to the understanding of motivation and emotion through the concept of drive reduction.

Positive Incentives

Rewards or benefits that motivate individuals to perform certain actions or behaviors.