FINC 331 – Crab Feast Corp.’s cash flow last year was $107.22 million

FINC 331 – Crab Feast Corp.’s cash flow last year was $107.22 million

FINC 331 – Crab Feast Corp.’s cash flow last year was $107.22 million

Subject: Business    / Finance
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 of last year was $69.54. What is the firm’s price-to-cash flow ratio?

Round the answer to two decimal places.