Question
Crab Feast Corp.'s cash flow last year was $107.22 million. The company has 6.40 million shares outstanding. Crab Feast Corp.'s stock price at the end
Crab Feast Corp.'s cash flow last year was $107.22 million. The company has 6.40 million shares outstanding. Crab Feast Corp.'s stock price at the end of last year was $69.54. What is the firm's price-to-cash flow ratio?
Round the answer to two decimal places.
Your
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
