Theta Ltd had Cash Flow from Operations for the last financial year of $781,000. During the year it paid $104,000 in interest. Its tax rate is 30%. Its share price is $22.35 and it has 160,000 shares outstanding. What is its P/CF ratio?
Theta Ltd had Cash Flow from Operations for the last financial year of $781,000. During the year it paid $104,000 in interest. Its tax rate is 30%. Its share price is $22.35 and it has 160,000 shares outstanding. What is its P/CF ratio?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Theta Ltd had Cash Flow from Operations for the last financial year of $781,000. During the year it paid $104,000 in interest. Its tax rate is 30%. Its share price is $22.35 and it has 160,000 shares outstanding. What is its P/CF ratio?
a.
4.04
b.
4.19
c.
4.58
d.
5.05
Clear my choice
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