Question: Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $13.6 million. It has

Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics

The Morton Company recently reported net profits after taxes of $13.6 million. It has 4 million shares of common stock outstanding and pays preferred dividends of $1.5 million a year. The company's stock currently trades at $41 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 $2.71 per share to common stockholders. Round the answer to two decimal places. %

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