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23) Which one of the following is NOT seen as a main heading in the cash flow statement? O Operating activities O Taxation Financing activities

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23) Which one of the following is NOT seen as a main heading in the cash flow statement? O Operating activities O Taxation Financing activities O Investing activities 24) You are an analyst working for Brody Securities and are reviewing the financial statements for Connect Inc. You have estimated the following: Sales = $100 per share BITDA = 16% of sales Depreciation = $5 per share Interest expense = $2 per share Assuming that the Connect Inc. pays tax at 30%, which of the following is closest to the EPS for Connect Inc.? O $6.30 O $7.70 O $9

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