11) The statement of financial position is also known as the: A) balance sheet. B) income statement. C) statement of cash flows. D) statement of stockholder’s equity. Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million 12) If ECE’s stock is currently trading at $24.00 and ECE has 25 million shares outstanding then ECE’s market-to-book ratio is closest to: A) 0.24 B) 4 C) 6 D) 30 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. 13) Perrigo’s market capitalization is closest to: A) $952.16 million B) $3 580.14 million C) $4 168.06 million D) $4 425.15 million 14) Perrigo’s book value of equity is closest to: A) $952.16 million B) $3 580.14 million C) $4 168.06 million D) $4 425.15 million 15) Perrigo’s enterprise value is closest to: A) $952.16 million B) $3 580.14 million C) $4 168.06 million D) $4 425.15 million
