Q385
Net income and depreciation is Rs 313,650,000 and common shares outstanding are 55,000,000 then cash flow per share would be
A.
Rs 5.70
AnswerB.
Rs 6.70
C.
Rs 7.70
D.
Rs 8.70
Answer: Option A
Solution
Answer: Option A
Solution:
Cash Flow per Share = Net Income / Shares Outstanding = 313650000 / 55000000 = Rs. 5.70