42 Perrigo was a high growila company. Between fiscal 1989 (the first foll yaar after the final manaigement-led buyout) and ficcal 1992, the conripany's 3ales ahd het income grew at comipocinded aanual jate of approximately 24% ind 107%, Iespectiyely, Honevor, the hof leveraged buyouts resulted in 1. high long-terin debe-ta-cquity tatio of 13,3:1 in Juna 1990 foefore the initial poblic isue of its stock). Primasily. 25 a reivutt of the initis] stock offering, this ratio decrezied to 0.25:1 by lene 1992 . Pemizo did not break down tho zeles and profits of its Cumberland-Swan and Souih Corolina aubaidiaries. Perrigo's sales and rek ineome had higtorically poaked in tha sesond and third quatlers of tho. fiscal year while the firat guartec had been its leatz profitable; Sales of cough and cold cecozdies traditionally pesked dering the setond and third fical qeriers ds cuilomers stocked inventories for: Seurce: Perlga Company: 1992, Anrual Feport. RE: Perrigo Company - Complete all ratios, analyze trends, industry average, and report your interpretation for each ratio. NO late papers will be accepted