Use the Information for the Question(s)below

question 91

Multiple Choice

Use the information for the question(s) below.
In November 2018,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 earnings per share (EPS) is closest to:

• A)$0.19.
• B)$1.79.
• C)$2.81.
• D)$3.76.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Learned Reaction

A behavior or response that has been acquired through experience or conditioning.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.