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%.