Use the Information for the Question(s)below

question 82

Multiple Choice

Use the information for the question(s) below.
In November 2017,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 return on equity (ROE) is closest to:

• A)4.6%.
• B)9.1%.
• C)17.2%.
• D)27%.

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Definitions:

Days After Birth

The period immediately following the birth of an organism, often used as a critical window for development studies, health assessments, and early bonding behaviors.

Fetal Period

The time from about 8 weeks after conception until the birth of the baby.

Major Organs

Refers to essential organs in a body system that have vital roles, such as the heart, lungs, liver, brain, and kidneys, crucial for maintaining life and health.

Umbilical Cord

A flexible cord that connects a fetus to the placenta, delivering oxygen and nutrients and removing waste products from the fetus.