Business, 13.03.2020 02:33 xxtonixwilsonxx

The Carlton Corporation has $6 million in earnings after taxes and 2 million shares outstanding. The stock trades at a P/E of 15. The firm has $2 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.) b. If the $2 million is used to pay dividends, how much will dividends per share be

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The Carlton Corporation has $6 million in earnings after taxes and 2 million shares outstanding. The...