Nukin' Gnats Pest Control Is Trying to Determine Its Cash

question 41

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

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