Question: Current Attempt in Progress Bridgeport Co. reported the following items in the most recent year: Net income $51,000 Dividends paid 6.000 Increase in accounts receivable

Current Attempt in Progress Bridgeport Co. reported the following items in the most recent year: Net income $51,000 Dividends paid 6.000 Increase in accounts receivable 9.000 Increase in accounts payable 7.000 Purchase of equipment 9.000 Depreciation expense 4.000 Issue of notes payable for cash 19.500(b) X Your answer is incorrect. Assuming Bridgeport had 100,000 common shares outstanding for the entire year, calculate cash flow per share to be included in the financial statements if Bridgeport follows IFRS and chooses to disclose the ratio. Assume Bridgeport uses cash flow from operations for this ratio. (Round answer to 2 decimal places, e.g. 52.75.) Cash flow per share $ 0.61

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