Use the Information for the Question(s)below

question 11

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 book value of equity is closest to:

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

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Definitions:

Public Relations

The practice of managing and disseminating information from an individual or an organization to the public to influence their perception.

Crisis Communication

Strategies and efforts used by organizations to communicate effectively during times of crisis to manage public perception and maintain trust.

Exchange

The act of giving one thing and receiving another in return, commonly used in the context of financial markets or trading goods and services.

Brands

Names, terms, designs, symbols, or any other features that distinguish one seller's goods or services from those of other sellers.