Weston Corporation had earnings per share of $1.81, depreciation expense of $574

Question

Weston Corporation had earnings per share of $1.81, depreciation expense of $574,200, and 220,000 shares outstanding. What was the operating cash flow per share? If the share price was $67, what was the price-cash flow ratio? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Weston Corporation had earnings per share of $1.81, depreciation expense of $574,200, and 220,000 shares outstanding. What was the operating cash flow per share? If the share price was $67, what was the price-cash flow ratio? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Explanation / Answer

cash flow per share = 1.81 + 574200 / 220000 = $4.42

Price cash flow ratio = 67 / 4.42 = 15.16

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