You have found the following stock quote for RJW Enterprises, Inc., in the finan
ID: 2775164 • Letter: Y
Question
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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
If the company currently has 31 million shares of stock outstanding, what was net income for the most recent four quarters?
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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
If the company currently has 31 million shares of stock outstanding, what was net income for the most recent four quarters?
You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper VOL 100s 18,282 52-WEEK HI 143.85 LO 88.53 STOCK (DIV) RJW 2.80 YLD % 2.0 PE 15 NET CHG .43 CLOSE 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.) Yesterday's closing price If the company currently has 31 million shares of stock outstanding, what was net income for the most recent four quarters? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net incomeExplanation / Answer
Dividend is given as 2.80 and dividend yield as 2.0%.
Share price = Dividend/Dividend yield = 2.80/2% = $ 140.0
P/E is given as 15.
E = p/15 = 140/15 = 9.66. Earning per share = $ 9.67
AS there are 31 million shares outstadning net income = EArning per share * 31 million = 9.67*31 million = $ 299.77 million
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