Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $14 7 million It has 5 million shares of common stock outstanding and pays preferred dividends of $1 million a year The company's stock currently trades at $67 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 $3 22 per share to common stockholders Round the answer to two decimal places

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Question: Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $14.7 million. It has

Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics

The Morton Company recently reported net profits after taxes of $14.7 million. It has 5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $67 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 $3.22 per share to common stockholders. Round the answer to two decimal places. %

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