You have found the following stock quote for Enterprises, Inc., in the financial

Question

You have found the following stock quote for Enterprises, Inc., in the financial pages of today's newspaper. The closing price for this stock that appeared in yesterday's paper was $ ___________. (Round your answer to 2 decimal places. (e.g., 32.16).

If the company currently has 18 million shares of stock outstanding, the net income for the most recent four quarters was $____________________. (Round your answer to the nearest whole dollar amount. (e.g., 32)

YTD % CHG = 8.6
STOCK (DIV) = RJW Enterp.
SYM = RJW
YLD = 0.35
PE = 17
LAST = 40
NET CHG = -2.7

**When providing solution, please include steps on finding solution. Thank you!**

Explanation / Answer

40+2.7=42.70 YTD %CHG=8.6 LAST=40 ==> P = 40/1.086=36.83 and P/E=17 ==> E=P/17=36.83/17=2.17 NI= 2.17*18,000,000=39,060,000

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.