Nukin' Gnats Pest Control is trying to determine its cash flow per share.It has revenue of $50,000, $35,000 of expenses, $4,000 of depreciation and $3,000 of interest expense.The firm is in the 40% tax bracket.The firm has 75,000 shares of common stock outstanding.The firm has a $15 price per share.Its price to cash flow is:
A) .0057
B) .0098
C) .0076
D) .0029
Correct Answer:
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