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11 September, 04:25

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

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  1. 11 September, 04:29
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    B) $3,580.14 million.

    Explanation:

    Market capitalization is the total value of the enterprise. It is the sum of total outstanding shares of the company. Market capitalization is calculated by multiplying outstanding shares of the company by current market price of the each share.

    Market Capitalization = No. of outstanding shares * Market price of each share

    Market Capitalization = 91.33 million * $39.20

    Market Capitalization = $3,580.14 million.
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