Nukin' Gnats Pest Control Is Trying to Determine Its Cash

Multiple Choice

Nukin' Gnats Pest Control is trying to determine its cash flow per share.It has revenue of $50,000, $35,000 of expenses, $4,000 of depreciation and $3,000 of interest expense.The firm is in the 40% tax bracket.The firm has 75,000 shares of common stock outstanding.Its cash flow per share is:

A) $.08
B) $.07
C) $.92
D) $.46