You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Net %Change Stock -1.1 RJW Enterprises SYM RWJ YLD PE Last Change 2.5 15 84.00 -.36 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 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. Annual dividend b. Yesterday's closing price c. 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
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You have found the following stock quote for RJW Enterprises, Incorporated, in the
financial pages of today's newspaper.
YTD
Net
%Change
Stock
-1.1 RJW Enterprises
SYM
RWJ
YLD
PE
Last Change
2.5
15
84.00 -.36
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 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. Annual dividend
b. Yesterday's closing price
c. Net income
Transcribed Image Text:You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Net %Change Stock -1.1 RJW Enterprises SYM RWJ YLD PE Last Change 2.5 15 84.00 -.36 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 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. Annual dividend b. Yesterday's closing price c. Net income
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