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 STOCK (DIV) 137.50 83.60 RJW 2.20 YLD % PE VOLUME 100s CLOSE NET CHANGE 2.0 21 10 ?? -.73 a. 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 decimal places, e.g., 1,234,567.89. Answer is complete but not entirely correct. a. Yesterday's closing price $ 110.73 b. Net income $ 33,000,000.00 Return to question

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 STOCK (DIV) 137.50 83.60 RJW 2.20 YLD % PE VOLUME 100s CLOSE NET CHANGE 2.0 21 10 ?? -.73 a. 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 decimal places, e.g., 1,234,567.89. Answer is complete but not entirely correct. a. Yesterday's closing price $ 110.73 b. Net income $ 33,000,000.00 Return to question

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

8th Edition

ISBN:9781285065137

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter8: Risk And Rates Of Return

Section: Chapter Questions

Problem 4DQ: Select one of the four stocks listed in Question 3 by entering the companys ticker symbol on the...

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