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:
Verified
Correct Answer:
Verified
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