The Carlton Corporation has $5 million in earnings after taxes and 1 million shares outstanding. The stock trades at a P/E of 10 The firm has $4 million in excess cash. a. Compute the current price of the stock. (Do not round intermediate calculations and round your answer to 2 decimal places) t price b. If the S4 million is used to pay dividends, how much will dividends per share be? (Do not round intermediate calculations and round your answer to 2 decimal places.) Dividends per share c. If the $4 million is used to repurchase shares in the market at a price of $54 per share, how many shares will be acquired? Do not round intermediate calculations and round your answer to the nearest whole share.) Number of shares acquired shares outed in part c but do not round any ditwhantem me nstw camingl oer hore beri use the rounded number of shores computed in pat c but do not round any other intermediate calculations. Round your answer to 2 decimal places.) Earnings per share