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.

Determine the cost of ending work in process inventory.

Record journal entries for transfers between departments.

Understand the flow of materials and conversion costs in production departments.

Determine the total cost to be accounted for under the weighted-average method.

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Definitions:

Progressive Discipline

A process used by organizations to address employee performance issues or misconduct through a series of escalating steps, starting with counseling and leading up to termination if necessary.

First Offense

The initial instance or act of breaking a rule, policy, or law by an individual or entity.

Hot-Stove Rule

Principle of discipline that says discipline should be like a hot stove, giving clear warning and following up with consistent, objective, immediate consequences.