Solved

A Company Has Net Income of $66,000, a Price-Earnings Ratio

Question 75

Multiple Choice

A company has net income of $66,000, a price-earnings ratio of 24.1, and 26,000 shares of stock outstanding. If the price-cash flow ratio is 19, what is the cash flow per share?


A) $2.05
B) $2.34
C) $2.50
D) $2.81
E) $3.22

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents