Use the Information for the Question(s)below

question 10

Multiple Choice

Use the information for the question(s) below.
In November 2009,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 capitalization is closest to:

• A)$952.16 million.
• B)$3580.14 million.
• C)$4168.06 million.
• D)$4425.15 million.

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Definitions:

Tuition Hike

An increase in the fees charged by educational institutions for enrollment and instruction.

Correlational Research

A method of research that determines the degree to which two variables are related without establishing a cause-and-effect relationship.

Prediction

the act of forecasting or estimating a future event based on current information or trends.

Random Sampling

A method of selecting a sample from a population in such a way that each member has an equal chance of being chosen.