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Question 11

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Use the information for the question(s) below.
In November 2009,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 book value of equity is closest to:


A) $952.16 million.
B) $3580.14 million.
C) $4168.06 million.
D) $4425.15 million.

Correct Answer:

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