Question
Theta Ltd had Cash Flow from Operations for the last financial year of $779,000. During the year it paid $110,000 in interest. Its tax rate
Theta Ltd had Cash Flow from Operations for the last financial year of $779,000. During the year it paid $110,000 in interest. Its tax rate is 25%. Its share price is $21.81 and it has 195,000 shares outstanding. What is its P/CF ratio?
a. 4.94
b. 4.78
c. 5.46
d. 6.11
the correct answer is A but no idea how we found it
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The Handbook Of International Trade And Finance
Authors: Anders Grath
4th Edition
0749475986, 978-0749475987
