Question
The Morton Company recently reported net profits after taxes of $19 million. It has 1.5 million shares of common stock outstanding and pays preferred dividends
The Morton Company recently reported net profits after taxes of $19 million. It has 1.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $248 per share. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $ ____ per share What's the stock's P/E ratio? Round the answer to two decimal places. $ ____ times Determine what the stock's dividend yield would be if it paid $13.39 per share to common stockholders. Round the answer to two decimal places. ___ %
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