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

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 2MAD

See similar textbooks

Similar questions

You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newspaper. 52-WEEK YLD VOL NET HI LO STOCK (DIV) % PE 100s CLOSE CHG 149.68 88.63 RJW 3.00 2.4 15 18,637 ?? − .97 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 33 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 income $
You have found the following stock quote for RJW Enterprises, Incorporated, in the financialpages of today's newspaper. YTD % Change Stock SYM YLD PE Last Net Change -1.1 RJWEnterprises RWJ 2.5 15 108.00-.42 a. What is the annual dividend? (Do not roundintermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Whatwas the closing price for this stock that appeared in yesterday's paper c. If the companycurrently has 30 million shares of stock outstanding, what was net income for the most recentfour quarters? (Do not round intermediate calculations and enter your answer in dollars, notmtermediate calculations and round your answer to 2 decimal
The following problem refers to the stock table for ABC Inc. (a tire company) given below. Use the stock table to answer the following questions. Where necessary, round the dollar amounts to the nearest cent. 52-Week High Low Stock SYM Div Yld % PE Vol 100s Hi Lo Close Net Chg 73.62 47.30 ABC Inc. ABC 2.19 1.2 17 5915 57.59 55.48 56.36 +1.32 a. What were the high and low prices for a share for the past 52 weeks? b. If you owned 700 shares of this stock last year, what dividend did you receive? c. What is the annual return for the dividends alone? How does this compare to a bank offering a3% interest rate? ? % choose A or B A. The yield is lower, and investing in the bank account is always the best option in this case. B. The yield is lower, but there is still the potential to get a better return on the stock investment. d. How many shares of this company's stock were traded yesterday? e.…
Use the portion of the stock table shown below to answer the questions that follow. Round dollar amounts to the nearest cent, if necessary. YTD %CHG 52- HI Week LO STOCK DIV YLD % VOL 100s CLOSE NET CHG 2.8 37.43 21.10 A1 0.99 3.7 789 27.02 –0.1 2.4 48.30 30.78 B1 ... 1303 41.68 0.4 If you purchased 400 shares of B1 stock at $45.03, what would the loss be if the shares were sold at the closing price indicated in the table.
ou found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of $.83, which resulted in a dividend yield of 1.40 percent. DAILY YTD 52 WEEKCompany Symbol Vol Close Chg %Chg %Chg High Low %ChgDRK Enterprises DRK 18,649,130 ?? .26 .44% 8.73% 78.19 41.87 11.0% a. What was the closing price for this stock yesterday?
Using the stock table for Dell Technologies below, calculate the earnings per share. Round your answer to the nearest cent.Do not include the $ in your answer.Dell TechnologiesDVMT$66.26$66.40-$66.96$42.02-568.25NameSymbolCloseDay Range52-Week RangeVolumeP/EDividendDividend YieldEPS895,028103.53$0.000%?
Smith Enterprises recently was profiled on a financial information website and touted as a "hot" growth stock. You acquired the stock quote shown here from that website. Smith Enterprises (AMEX: SME) Last Trade: 51.63 Day’s Range: 47.22 – 51.96 Trade Time: 4:00 PM ET 52wk Range: 25.48 – 60.71 One-Day Stock Return: 12.09% Volume: 1,419,317 Prev. Close: 46.06 Avg. Vol. (3m): 629,072 Open: 47.25 Market Cap: 1.63B Bid: N/A P/E (ttm): 23.58 Ask: N/A EPS (ttm): 1y Target Est: 55.40 Div. & Yield: 0.20 (0.40%) The last trade time is shown to be at 4:00 PM Eastern Time. The abbreviation “ttm” stands for “trailing twelve months,” and the number shown reflects data from the previous 12 months. The abbreviation “3m” reflects data from the previous 3 months. What exchange does Smith Enterprises trade on? DAX SME NASDAQ FTSE AMEX What is Smith’s earnings per share (EPS) for the trailing 12 months? $1.75…
A summary of two stocks is shown. 52W high 52W low Name of Stock Symbol High Low Close 37.18 29.39 Zycodec ZYO 39.06 32.73 34.95 11.76 7.89 Unix Co UNX 16.12 12.11 15.78 Last year, a stockholder purchased 25 shares of Zycodec at its lowest price of the year. What is the gain or loss if the stock is sold at the current closing price? The gain is $55.75. The loss is $55.75. The gain is $139.00. The loss is $139.00.
Use the information in the following stock quote to answer the question: As of February 1, 2XX1 Name Symbol Open High Low Close Net Chg Div Yield PE Target TGT 87.01 87.32 86.75 87.05 -0.32 2.56 2.93 16.76 What was Target’s earnings per share over the last year? (Round your answer to 2 decimal places. (e.g., 32.16))
If a Wall Street Journal quotation for a company has the values Close = 55.14 and Net change = +1.04, then what was the closing price for the stock for the previous trading day? Multiple Choice $55.66 $54.10 $56.18 $53.02
How can you calculate the previous day's closing stock price if you look at the financial sction of the newspaper and see the most recent closing price of a given stock? For example, if you see the stock has most recently closed at 97, how would you be able to calculate the price at which it closed prior to that 97 closing price? This is the amount that would have appeared in the previous day's paper.
The following table displays hypothetical stock quotations. Use the information in the table to answer the questions that follow. Listed Stock Quotes Company Ticker High Low Last Price* Net Change** YTD %*** Div. Yield P/E Ratio MarkMin MM 93.06 67.68 84.60 4.56 1.66 0 46 MarlRedBiro MRB 14.00 9.15 10.77 2.01 7.19 6.0 10 TStar TS 341.06 221.69 284.22 2.70 5.02 2.4 26 *Last price for the day **Net change in price from previous day ***Year-to-date percentage change in stock price Of the three stocks listed, a retiree who lives partially off of investment income would be best off holding because of its . You can calculate that MarkMin had per-share earnings for the most recent 12-month period of . If you had purchased 100 shares of TStar stock yesterday at the last price of the day, you would have of if you sold all 100 shares at the last price today.