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:

Manufactured Product

Products that have been processed or made from raw materials through industrial processes.

Product Adaptation

The process of modifying a product to suit the needs or preferences of a particular market or set of consumers, often necessary for success in international markets.

Global Marketing

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The long-term pattern of weather in a particular area, typically averaged over a period of 30 years, influencing its ecosystems and way of life.