Question

The Clarkson Company recently reported net profits after taxes of $15.8 million. It has 2.5 mil-lion shares of common stock outstanding and pays preferred dividends of $1 million a year. The company’s stock currently trades at $60 per share.
a. Compute the stock’s EPS.
b. What is the stock’s P/E ratio?
c. Determine what the stock’s dividend yield would be if it paid $1.75 per share to common stockholders.



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  • CreatedFebruary 13, 2015
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