Armitage Companys statement of cash flows reveals an increase in cash of $ 21,100. Its financing net

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Armitage Company’s statement of cash flows reveals an increase in cash of $ 21,100. Its financing net cash inflows were $ 50,000 while its investing net cash outflows were $ 75,000. Armitage’s preferred stock dividend is $ 10,000. Its weighted average common shares outstanding were 75,000. What is Armitage’s cash flow per share?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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