Question
Suppose you have 330 common shares of Carlisle Enterprises. The EPS is $3.30, the DPS is $1.14, and the stock sells for $60 per share.
Suppose you have 330 common shares of Carlisle Enterprises. The EPS is $3.30, the DPS is $1.14, and the stock sells for $60 per share. Now Carlisle announces a three-for-one split. Immediately after the split, what will be the adjusted EPS and DPS?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
