Multiple Choice
The Starck company has net income of $660,000, a price-earnings ratio of 22.2, and 57,000 shares of stock outstanding. If the price-cash flow ratio is 18, what is the cash flow per share?
A) $1.05
B) $1.42
C) $1.55
D) $1.81
E) $2.22
Correct Answer:
Verified
Correct Answer:
Verified
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