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Danaher Corp reported the following financial information at year-end 2018: Income Statement (in Millions] Net Sales $6.800 Less: Operating Expenses $4.550 Earnings Before Taxes $2,250

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Danaher Corp reported the following financial information at year-end 2018: Income Statement (in Millions] Net Sales $6.800 Less: Operating Expenses $4.550 Earnings Before Taxes $2,250 Less: Taxes S 175 Net Earnings $1,775 Other Data (in Millions Stock Dividends $426.00 Shares Outstanding 355.0 Stockholder's Equity $14,200 Year-End Stock Price $60.00 per share a. Calculate the P/E ratio of Danaher? Show all work [2 points). b. Calculate the price-to-book value ratio of Danaher [2 points). c Calculate the dividend yield of Danaher? Show all work [2 points) d. If other companies in Danaher's industry have a P/E ratio and price-to-book value ratio that are higher than Danaher's, does Danaher thus represent a good value? Why or why not? Explain (3 points). Pescribe Benjamin Graham's "margin of safety" concept with regards to investment any type of security (bonds or common stocks). Provide an example 5 points)

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