sh.1 Problem 8-23 Using Stock Quotes [LO4]You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper.52-WEEKHILO STOCK (DIV)137.50 83.60 RJW 2.20YLD % PE VOLUME 100s CLOSE NET CHANGE2.0 2110??-.73a. What was the closing price for this stock that appeared in yesterday's paper?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.b. If the company currently has 15 million shares of stock outstanding, what was net income for the most recent four quarters?Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimalplaces, e.g., 1,234,567.89.Answer is complete but not entirely correct.a. Yesterday's closing price$110.73b. Net income$33,000,000.00Return to question

(b) Net IncomeWe are given:The annual dividend per share is $2.20.The company has 15 million shares…

Answered: Problem 8-23 Using Stock Quotes [LO4]…

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter14: Distributions To Shareholders:dividends And Share Repurchases

Section: Chapter Questions

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Using Stock Quotes [LO3] You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. What was the closing price for this stock that appeared in yesterday's paper? If the company currently hasi 25 million shares of stock outstanding, what was net income for the most recent four quarters? 19. 52-WEEK YLD VOL 100s NET HI LO STOCK (DIV) PE CLOSE CHG 72.18 53.17 RJW 1.48 2.1 19 17652 ?? -23
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Problem 8-23 Using Stock Quotes [LO4] You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. 52-WEEK HI LO 42.76 26.00 STOCK (DIV) RJW 1.30 YLD % PE 3.8 17 VOLUME 100s 9 NET CLOSE CHANGE ?? -.37 a. What was the closing price for this stock that appeared in yesterday's paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the company currently has 16 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) a. Yesterday's closing price b. Net income
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