You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. YTD Net Stock SYM YLD PE Last %Chg Chg RJW -1.6 RJW 2.3 22 63.62 -41 Enterp. a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 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.) c. If the company currently has 29 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. Annual dividend b. Yesterday's closing price Net income C.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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You have found the following stock quote for RJW Enterprises, Inc., in the financial pages
of today's newspaper.
YTD
Net
Stock
SYM
YLD
PE
Last
%Chg
Chg
RJW
-1.6
RJW
2.3
22
63.62
-41
Enterp.
a. What is the annual dividend? (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
b. 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.)
c. If the company currently has 29 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. Annual dividend
b. Yesterday's closing price
Net income
C.
Transcribed Image Text:You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. YTD Net Stock SYM YLD PE Last %Chg Chg RJW -1.6 RJW 2.3 22 63.62 -41 Enterp. a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. 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.) c. If the company currently has 29 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. Annual dividend b. Yesterday's closing price Net income C.
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