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A Company Had Earnings Per Share of $1

Question 75

Multiple Choice

A company had earnings per share of $1.65, depreciation expense of $340,000, a stock price of $31, and 210,000 shares outstanding. What was the cash flow per share (CFPS) ?


A) $1.62
B) $3.61
C) $3.27
D) $3.43
E) $3.78

Correct Answer:

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