ou found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual dividend of $0.60, which resulted in a dividend yield of 1.2 percent. Assume the company has 50 million shares of stock outstanding and a PE ratio of 22. Company Symbol DAILY YTD 52 WEEK Volume Close Change % Change %6 Change High Low % Change DRK Enterprises DRK 18,649,130 7 7 0.26 0.45 % 8.73 % 78.19 51.74 11.0% What was net income for the most recent four quarters?
ou found the following stock quote for DRK Enterprises, Incorporated, at your favorite website. You also found that the stock paid an annual dividend of $0.60, which resulted in a dividend yield of 1.2 percent. Assume the company has 50 million shares of stock outstanding and a PE ratio of 22. Company Symbol DAILY YTD 52 WEEK Volume Close Change % Change %6 Change High Low % Change DRK Enterprises DRK 18,649,130 7 7 0.26 0.45 % 8.73 % 78.19 51.74 11.0% What was net income for the most recent four quarters?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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