Use the Information for the Question(s)below

question 86

Multiple Choice

Use the information for the question(s) below.
In November 2019,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 price-earnings ratio (P/E) is closest to:

• A)15.96.
• B)21.85.
• C)29.77.
• D)35.64.

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Definitions:

Jerky Movements

Rapid, sharp actions or motions that are not smooth, often involuntary and without a steady rhythm.

Scanning

The process of systematically looking over a wide area or examining information carefully in search of something specific.

Foveal Vision

The central vision facilitated by the fovea, a small depression in the retina, contributing to sharp and detailed visual information.

Saccadic Eye Movements

Rapid movements of the eye that change the point of fixation, allowing the eyes to quickly shift from one point to another.