With 15,000 shares outstanding and depreciation of $18,000, what is the cash flow per share?

Question

Quizplus · Accepted Answer

To find the cash flow per share, we need to divide the total depreciation by the number of shares outstanding.

Cash Flow per Share = Depreciation / Shares Outstanding
Cash Flow per Share = $18,000 / 15,000
Cash Flow per Share = $1.20

Therefore, the cash flow per share is $1.20.

The answer choices provided do not match the calculated answer. However, the closest answer choice is B with a value of $2.03. It is possible that this question contains a typographical error.

With 15,000 Shares Outstanding and Depreciation of $18,000, What Is