You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. 52-WEEK VOLUME NET HI 70.83 LO 43.07 STOCK (DIV) RJW 1.70 YLD % PE 100s 3.0 18 10 CLOSE CHANGE ?? -.53 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 24 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 $ 57.20 b. Net income
You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. 52-WEEK VOLUME NET HI 70.83 LO 43.07 STOCK (DIV) RJW 1.70 YLD % PE 100s 3.0 18 10 CLOSE CHANGE ?? -.53 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 24 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 $ 57.20 b. Net income
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You have found the following stock quote for RJW Enterprises, Incorporated, in the
financial pages of today's newspaper.
52-WEEK
VOLUME
NET
HI
LO
70.83 43.07
STOCK (DIV)
RJW 1.70
YLD % PE
3.0 18
100s CLOSE CHANGE
10
??
-.53
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 24 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
57.20
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